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Category:
Insolvency
Yearly Rewind 2024: Insolvency and Restructuring
January 17, 2025
Insolvency and Restructuring: Key Judgements and Updates for the Year 2024 The Insolvency and Bankruptcy Code, 2016 (Code) provides a…
Supreme Court clarifies the withdrawal process in BYJU’s insolvency
December 30, 2024
In GLAS Trust Company LLC v. BYJU Raveendran & Ors., the Supreme Court of India ruled that a Corporate Insolvency…
The Moratorium Notification: a panacea for lessors’ maladies?
October 30, 2024
The ongoing insolvency proceeding of Go Airlines (India) Ltd has ignited a discourse regarding the application of the Insolvency and…
IBC: Second Amendment to IBBI CIRP Regulations
October 1, 2024
On 24 September 2024, the Insolvency and Bankruptcy Board of India notified amendments (Amendment) to the Insolvency and Bankruptcy Board…
IBC: Mandatory Requirement of Valuation Number
August 29, 2024
On 12 August 2024, the Insolvency and Bankruptcy Board of India (IBBI) issued a circular mandating Registered Valuers (RV) and…
NCLAT: CoC has no power to substitute successful resolution applicant once approved
August 22, 2024
Recently, the NCLAT ruled that the Committee of Creditors (CoC) does not hold the power to approve the substitution of…
“Doctrine of Necessity” can be read in accordance with the Code to revive a corporate debtor
August 19, 2024
In this update, we discuss the decision of the National Company Law Appellate Tribunal in C. Sivasami v. A.R. Ramasubramania Raja…
IBBI Guidelines for the members of committee of creditors
August 13, 2024
On 06 August 2024, the Insolvency and Bankruptcy Board of India released the “Guidelines for the Committee of Creditors” outlining…
ED vs. NCLT: NCLT can direct ED to release attached properties!
May 17, 2024
The Insolvency and Bankruptcy Code, 2016 (Code), and the Prevention of Money Laundering Act, 2002 (PMLA), are both crucial pieces…
Compulsorily Convertible Debentures: Whether debt or equity?
April 9, 2024
Compulsorily Convertible Debentures (CCDs), a hybrid instrument, has gained prominence in the last two decades. However, its classification as equity…
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