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“Once the resolution plan had reduced the claim under the arbitral award to Re.1, the withdrawn amount could not continue to remain with the award-holder.”
A structured internship focusing on research, case analysis, and contemporary developments under the IBC
With the Winter Session in motion, Rajya Sabha saw the introduction of major amendment bills spanning the Constitution, Representation of the People Act, and Data Protection laws.
Proposed amendment aims to improve its operation, enhance its effectiveness, clarify its original intent and incorporate novel concepts.
The book release of “Corporate Insolvency: The Road to Viksit Bharat — Law, Policy and Practice”, authored by leading insolvency lawyer and author Sumant Batra and published by EBC (Eastern Book Company) took place recently in the second week of July in New Delhi.
2025 SCC Vol. 5 Part 2: Explore the latest Supreme Court Cases on the Employees’ Compensation Act, IBC and the Transfer of Property Act.
Criminal Procedure Code, 1973 — S. 439 — Grant of bail: Effect, when respondent-accused committed similar offence during bail
“There is no mandatory requirement for factorising the date of uploading of the balance sheet on the MCA portal for computing the period of limitation.”
by Sidharth Sethi*, Shreya Sircar** and Kunal Saini***
The NCLT acknowledged the impact of force majeure events, particularly the unprecedented rise in coal prices and operational disruptions caused by the COVID-19 pandemic on Corporate Debtor.
“Any dispute even pending in the arbitration does not in any manner prohibit the financial creditor to take remedy under Section 7 IBC.”
by Prachi Johri* and Rishi Thakur**
Conversion rate of foreign currency for computation of awarded amount must be considered
by Arush Khanna* and Swetalana Rout**
National Law Institute University, Bhopal (NLIU), established in 1997, has consistently been accredited as one of the leading legal institutions of the country.
“The IBC is a complete code in itself, having sufficient checks and balances, remedial avenues and appeals. Adherence of protocols and procedures maintains legal discipline and preserves the balance between the need for order and the quest for justice.”
Greetings from the Insolvency and Bankruptcy Law Division – Centre for Business Laws and Taxation [IBLD-CBLT]!
The NCLAT held the appellant’s claim was inflated, and the Adjudicating Authority rightly recalculated the actual unpaid amount, which fell below the Rs 1 crore threshold.