When IBC is used as a mechanism to wash off the liabilities – The interface with the rule of law The Hon’ble NCLAT by its Judgment dated 09.01.2023 in the…
EMERGING PROBLEMS IN RESOLUTION PLANS REGARDING STATUTORY LIABILITIES 1. The Insolvency and Bankruptcy Code, 2016 sought to resolve the past dues of an insolvent Company to keep it as a…
Sundaresh Bhat, Liquidator of ABG Shipyard Ltd. Vs. Central Board of Indirect Taxes & Customs 2022 SCC OnLine SC 1162 - Customs Act Vs Insolvency & Bankruptcy Code - Whether…
RIGHT TO INITIATE INSOLVENCY BY A CREDITOR IN POOLED CONSORTIUM LENDING 1. IntroductionThe law under the Insolvency Code1 is constantly evolving since its inception. Earlier, a view was being taken…
Note on the Judgment of Vijay Madanlal Choudhary Vs. Union of India passed by the Hon’ble Supreme Court of India The Hon’ble Supreme Court has pronounced its landmark judgment on 27.07.2022…
Ebix Singapore Pvt. Ltd. Vs. Committee of Creditors of Educomp Solutions Ltd. (2021) SCC OnLine SC 707 This Judgment of the Hon’ble Supreme Court of India is of great significance…
CHIEF METROPOLITAN MAGRISTRATE/DISTRICT MAGISTRATE’S POWER UNDER SECTION 14(1) OF SARFAESI ACT, 2002 TO APPOINT ADVOCATES AS COURT COMMISSIONERS The Hon’ble Supreme Court by its Judgment dated 25.02.2022 in the matter…
Insolvency Proceedings against Personal Guarantors under Insolvency and Bankruptcy Code, 2016 An interesting issue, which has cropped in for consideration before various Courts in India is as to whether in…
Ngaitlang Dhar Vs. Panna Pragati Infrastructure Private Limited & Ors. Civil Appeal No. 3665-3666 of 2020 The Hon’ble Supreme Court in its judgment dated 17.12.2021 passed in the matter of…
National Spot Exchange Ltd. vs Mr. Anil Kohli, Resolution Professional for Dunar Foods Ltd. Civil Appeal No. 6187 of 2019 The Hon’ble Supreme Court has passed a recent Judgment in…