Bankruptcy
Interplay of IB Code with Law on Limitation – Putting to Rest Section 18 Dilemma – Part II
by Akaant Kumar Mittal†
Cite as: 2021 SCC OnLine Blog Exp 33
Any creditor including Central/State Government or any local authority bound by Resolution Plan approved by adjudicating authority under Section 31(1) IBC: Supreme Court
“On the date of approval of resolution plan by the Adjudicating Authority, all such claims, which are not a part of resolution plan, shall stand extinguished. “
Application under S. 7 or S. 9 IBC is an independent proceeding unaffected by winding up proceedings that may be filed qua the same company; Supreme Court
Supreme Court: The Division Bench of Rohinton Fali Nariman* and B.R. Gavai, JJ., addressed the instant appeal involving the question that whether
Bar under Section 10A IBC on initiation of CIRP applies retrospectively; ‘March 25, 2020’ consciously added as it coincides with the imposition of National Lockdown: SC
“The onset of the Covid-19 pandemic is a cataclysmic event which has serious repercussions on the financial health of corporate enterprises.”
An Overview of the Panel Discussion on”4 Years of IBC – The Revolution Witnessed and the Promise for Future” [Watch the Panel Discussion]
A panel discussion on “4 Years of IBC – The Revolution Witnessed and the Promise for Future” was held on 12th December,
IBBI notifies: Insolvency and Bankruptcy Board of India (Use of Caveats, Limitations, and Disclaimers in Valuation Reports) Guidelines, 2020
Insolvency and Bankruptcy Board of India releases the Insolvency and Bankruptcy Board of India (Use of Caveats, Limitations, and Disclaimers in Valuation
NCLAT upholds NCLT Judgment allowing liquidator to sell company’s assets attached by ED
National Company Law Appellate Tribunal (NCLAT): A Bench comprising of Justice S.J. Mukhopadhaya (Chairperson) and Justice B.L. Bhat (Judicial member) rejected an
Lending Banks of Jaypraksah Associates not ‘financial creditors’; SC directs return of mortgaged land to JIL
Supreme Court: The bench of AM Khanwilkar and Dinesh Maheshwari, JJ has restored the NCLT order wherein it was held that the
GNLU | Essay Competition, 2019 on Insolvency and Bankruptcy
Reported by Hrithik Khurana
GNLU wins 2nd NLU Delhi Insolvency and Bankruptcy Moot Court Competition, 2018
Reported by Hrithik Khurana
A bankrupt person’s cryptocurrency can be included in the debtor’s bankruptcy estate
Ninth Arbitration Court of Appeals: In a landmark decision, the Ninth Arbitration Court of Appeals of Russia has held that a bankrupt
Jaypee Group Directors/Promoters restrained from selling personal properties; Asked to submit Rs. 275 Crores by Dec 31
Supreme Court: The 3-judge bench of Dipak Misra, CJ and AM Khanwilkar and Dr. DY Chandrachud, JJ directed 13 directors including 5
Insolvency and Bankruptcy Code, 2016 receives President’s assent
The Insolvency and Bankruptcy Code, 2016 (“Code”) received President’s assent on May 28th, 2016. The Code, seeks to consolidate and amend the