Tag: InsolvencyLaw

The Operational Creditor's Battle for Justice and the Significance of Valid Service in Insolvency Proceedings

The Operational Creditor’s Battle for Justice and the Significance of Valid Service in Insolvency Proceedings

The Supreme Court of India recently dealt with a significant issue concerning the Insolvency and Bankruptcy Code, 2016 (IBC) in the case of VISA Coke Limited versus M/S MESCO Kalinga Steel Limited (Civil Appeal No.

Act By June 30: IBBI Invites Public Comments to Reshape Insolvency Regulations

Act By June 30: IBBI Invites Public Comments to Reshape Insolvency Regulations

Introduction In a move aimed at enhancing the regulatory framework under the Insolvency and Bankruptcy Code (IBC), the Insolvency and Bankruptcy Board of India (IBBI) has issued a public invitation for suggestions on all regulations

CoC’s Unfettered Authority vs. RP’s Regulation 39(1A) Limitation

On 28 March 2025, the National Company Law Appellate Tribunal (NCLAT) delivered a significant judgment in the case of Sagar Stone Industries vs. Sajjan Kumar Dokania & Ors., dismissing two appeals filed by an unsuccessful

NCLAT's Decision in Phoenix ARC Case: Implications for Secured Creditors' Security Interest in Liquidation

NCLAT’s Decision in Phoenix ARC Case: Implications for Secured Creditors’ Security Interest in Liquidation

On 20 March 2025, the National Company Law Appellate Tribunal (NCLAT) delivered a judgment in the case of Phoenix ARC Private Limited vs. Kuldeep Verma, affirming the decision of the National Company Law Tribunal (NCLT)

Finality in Insolvency Resolution: Supreme Court's Stance on Belated Claims in CIRP Cases

Finality in Insolvency Resolution: Supreme Court’s Stance on Belated Claims in CIRP Cases

Background of the Case The Supreme Court of India recently delivered a significant judgment in the case of Vaibhav Goel & Anr. versus Deputy Commissioner of Income Tax & Anr. (Civil Appeal No. 49 of

Understanding the IBBI (Voluntary Liquidation) Regulations, 2017: A Simplified Overview

Voluntary liquidation is an important mechanism that allows solvent corporate entities to wind up operations in an orderly, transparent, and efficient manner. The IBBI (Voluntary Liquidation) Regulations, 2017 (Regulations) , provide a structured framework to

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