₹10.46 Crore in Claims, ₹1.55 Crore Recovered: NCLT Kolkata approves SIS Mohan Real Estate Resolution Plan
NCLT observed that it is not endowed with the powers of jurisdiction or authority to analyse or evaluate the commercial decision of the CoC.
Insolvency and Bankruptcy Code 2016
MSME Development (Amendment) Bill, 2026 proposes Digital registration, mandatory TReDS, faster dispute resolution and graded penalties
The Micro, Small and Medium Enterprises Development (Amendment) Bill, 2026 seeks to modernise the MSME legal framework by proposing digital registration, mandatory TReDS-based invoice settlement, time-bound dispute resolution and stronger enforcement mechanisms.
Section 14 IBC Moratorium Applies Only to Corporate Debtor: Supreme Court
The Court held that the moratorium under Section 14 IBC protects only the corporate debtor and does not bar consumer proceedings against promoters, directors, landowners or other non-corporate debtor respondents.
IBC Moratorium Not a Safe Harbour Against Section 138 NI Act Prosecution; Directors Can’t Escape Cheque Dishonour Liability: Punjab and Haryana HC
The High Court object of the moratorium is merely to postpone civil debt enforcement and not to shield an accused from criminal accountability arising out of dishonour of cheques.
India’s Evolving IBC and Competition Law Landscape: Key Takeaways from Khaitan & Co.’s Media Roundtable
From recent IBC amendments to evolving merger control and competition law enforcement, the roundtable examined the legal and regulatory developments shaping India’s commercial landscape and their implications for businesses and investors.
Section 7 IBC application must confine to the defaults committed after Section 10A period: NCLAT
“When the Section 7 of Insolvency and Bankruptcy Code, 2016 (IBC) application is based on default committed subsequent to Section 10-A of the IBC period and the amount claimed subsequent to Section 10-A of the IBC period is well beyond threshold, application cannot be rejected on the ground.”
CAM Acts as Lenders’ Counsel on INR 550 Crore Rolta India CIRP Financing
The financing enabled implementation of an NCLT-approved resolution plan, facilitating creditor payments and the acquisition of full ownership and management control by an entity backed by Welspun Group and Ashdan Properties.
Failure to take meaningful steps towards obligations under Development Agreement can’t be protected by S. 14 IBC: Supreme Court
Invocation of insolvency proceedings or the moratorium under the Insolvency and Bankruptcy Code, 2016 cannot become a legal device to indefinitely stall redevelopment. The IBC was never intended to be used as a shield for non-performance at the cost of human rehabilitation.
Limitation period of S.95 IBC applications against personal guarantor based on DRT recovery certificate is three years: NCLAT
The appellant relying on Tottempudi Salalith v. State Bank of India, (2024) 1 SCC 24, contended that the limitation for filing Section 95 IBC application in the present case must be treated as 12 years and hence the application filed was not barred by time.
Call for Articles: MNLU, Mumbai’s Centre for Training and Research in Commercial Regulations, invites registrations for its 1st National Article Writing Competition and Workshop on Insolvency and Bankruptcy Code (IBC) | Last date for registration: 20th July 2025
The National Article Writing Competition and Workshop on IBC, 2025 designed to cultivate deep academic inquiry and practical understanding of India’s insolvency regime is to be held in August 2025.
A Significant Legal Conundrum in Section 7 under the Insolvency and Bankruptcy Code, 2016
by Mridul Chitransh* and Milan Asati**
2025 SCC Vol. 4 Part 4
Criminal Procedure Code, 1973 — S. 438 — Anticipatory bail — In corruption offences: Law clarified on grant of anticipatory bail in
2025 SCC Vol. 4 Part 3
Court can consider any document with intrinsic worth having bearing on lis decided earlier
2025 SCC Vol. 1 Part 4
Arbitration and Conciliation Act, 1996 — S. 11(6) — Substantive claims of petitioner whether time-barred i.e. issue of limitation requiring intricate evidentiary
IBBI and INSOL India 2nd International Conclave on ‘Insolvency Resolution: Evolution and Global Perspectives’
The Insolvency Bankruptcy Board of India (‘IBBI’) and INSOL India held the 2nd International Conclave in Delhi on 7th December to engage in the path-breaking discourse surrounding the ever-evolving space of insolvency and bankruptcy.
Testing the Limits of the Clean Slate Theory — A Critical Examination of the Madras High Court’s Ruling in National Sewing Thread Co. Ltd. v. TANGEDCO
by Ritika Gambhir Kohli†, Akshaya Ganpath†† and Saumya Tiwari†††
‘Arbitrary, illegal and in colourable exercise of power’; P&H HC directs Union Bank of India to refund forfeited amount deposited by auction purchaser
The bank has acted in an arbitrary and illegal manner by claiming that the entire bid amount shall be deposited by the petitioner, while on the other hand, avoiding the question of the supervening legal impossibility, which debarred them from issuing Sale Certificate or handing over the physical possession of the property to petitioner.
