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IBC| Receiving Petition Initiating IRP Is Ministerial In Nature; It’s Elementary Stage Which Doesn’t Have Adjudicatory Process: Karnataka HC

IBC| Receiving Petition Initiating IRP Is Ministerial In Nature; It’s Elementary Stage Which Doesn’t...

Swasti Chaturvedi30 Oct 2024 9:30 AM GMT

The Karnataka High Court held that the act of receiving of the petition initiating the insolvency resolution process (IRP) is ministerial and...

IBBI Regulations That Deal With Procedure For Completion Of Auction Sale Not To Be Treated As Mandatory: Supreme Court

IBBI Regulations That Deal With Procedure For Completion Of Auction Sale Not To Be Treated As...

Swasti Chaturvedi6 Sep 2024 3:15 PM GMT

The Supreme Court observed that Rule 12 of Schedule-I under Regulation 33 of the Insolvency and Bankruptcy Board of India (Liquidation Process)...

IBC| Assets Of Subsidiary Company Cannot Be Part Of Resolution Plan Of Holding Company: Supreme Court

IBC| Assets Of Subsidiary Company Cannot Be Part Of Resolution Plan Of Holding Company: Supreme...

Swasti Chaturvedi24 July 2024 9:00 AM GMT

Why Protect Corporate Debtor At The Risk Of Exposing Public Interest To Peril?: Madras HC Urges Parliament To Evaluate Working Efficiency Of IBC

Why Protect Corporate Debtor At The Risk Of Exposing Public Interest To Peril?: Madras HC Urges...

Ananya Soni14 Jun 2024 5:00 AM GMT

Test To Determine Whether A Debt Is A Financial Debt U/S 5(8) IBC: Supreme Court Explains

Test To Determine Whether A Debt Is A Financial Debt U/S 5(8) IBC: Supreme Court Explains

Swasti Chaturvedi27 April 2024 5:15 AM GMT

Petition Against Partnership Firm/Directors Not Maintainable U/S 95 of IBC Before NCLT: Karnataka HC

Petition Against Partnership Firm/Directors Not Maintainable U/S 95 of IBC Before NCLT: Karnataka HC

Verdictum News Desk14 April 2024 3:00 PM GMT

Law Doesn’t Envisage Unlimited Tiers Of Scrutiny: SC Says Its Jurisdiction U/S 62 IBC Is Restricted To Question Of Law Akin To A Second Appeal

'Law Doesn’t Envisage Unlimited Tiers Of Scrutiny': SC Says Its Jurisdiction U/S 62 IBC Is...

Swasti Chaturvedi28 Nov 2023 6:00 AM GMT

IBC| OTS Proposals By Corporate Debtor Not Questioned By Suspended Directors- SC Dismisses Appeal Of Axis Bank, Upholds Condonation Of Delay By SBI In CIRP

IBC| OTS Proposals By Corporate Debtor Not Questioned By Suspended Directors- SC Dismisses Appeal Of...

Swasti Chaturvedi18 Sep 2023 11:00 AM GMT

IBC| Merely Because Liquidator Has Discretion Of Carrying Out Multiple Auction It Would Not Necessarily Mean That He Has Power To Cancel Valid Auction- SC

IBC| Merely Because Liquidator Has Discretion Of Carrying Out Multiple Auction It Would Not...

Suchita Shukla9 Sep 2023 5:00 AM GMT

Secured Creditor Has To Take Calculated Decision Whether Or Not To Relinquish Secured Interest: SC In Appeal Challenging Liquidation Proceedings

Secured Creditor Has To Take Calculated Decision Whether Or Not To Relinquish Secured Interest: SC...

Shashank Suresh18 July 2023 7:39 AM GMT

Whether A Resolution Professional Under IBC Can Be Prosecuted As A Public Servant: Supreme Court To Examine

Whether A Resolution Professional Under IBC Can Be Prosecuted As A Public Servant: Supreme Court To...

Verdictum News Desk1 July 2023 10:45 AM GMT

IBC Proceedings Are Meant For Resolution Of Defaulting Corporate Debtor & Not For Determining What Is Pending From Him: NCLT

IBC Proceedings Are Meant For Resolution Of Defaulting Corporate Debtor & Not For Determining What...

Pankaj Bajpai25 May 2023 10:00 AM GMT

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