insolvency and bankruptcy code

IICA National Conference on India's Restructuring Ecosystem
DomesticEvents & CollaborationsIICA–AIPE National Conference

Commemorating a decade of the Insolvency and Bankruptcy Code, the Indian Institute of Corporate Affairs hosted a national conference on India’s restructuring ecosystem alongside the PGIP 6th Batch Convocation. The event featured discussions on cross-border insolvency, distressed assets, early-stage resolution, and the future of India’s insolvency framework.

RERA forensic audit during CIRP
Case BriefsTribunals/Commissions/Regulatory Bodies

With expenditure claimed at 75—77% of project cost against actual physical progress of only 48.13%, the Authority ordered a limited forensic audit of the Avalon Royal Park project, distinguishing the RERA audit from IBC insolvency audit provisions and holding that the two frameworks can operate harmoniously without conflict.

Transfer of Winding-Up Proceedings to NCLT
Case BriefsSupreme Court

The Calcutta High Court had held that, since no irreversible or irretrievable stage had been reached and the appellant’s unpaid claim could still be pursued before the NCLT, interference with Company Court’s order was unwarranted.

2026 SCC Vol. 4 Part 2
Cases ReportedSCC Weekly

Explore the latest Supreme Court Cases in 2026 SCC Vol. 4 Part 2 on demurrer, speculative purchasers, public auction, and more.

IBC not for adjudicating individual contractual disputes
Case BriefsSupreme Court

“The present case does not involve a straightforward financial debt-fault scenario warranting initiation of CIRP. The facts disclose a dispute which is predominantly contractual in nature and is subject matter of the proceedings before the DRT-the appropriate forum for recovery.”

NCLT Streamlines Hearings Through Single Benches
Legislation UpdatesNotifications

The National Company Law Tribunal has issued an order streamlining proceedings by empowering Single Judicial Member Benches to hear defined classes of matters across all benches.

Insolvency and Bankruptcy Code (Amendment) Act
Legislation UpdatesNotifications

Insolvency and Bankruptcy Code (Amendment) Act, 2026 amends the IBC to ensure faster resolution, greater creditor oversight, improved accountability, and modernised insolvency and liquidation processes.

India insolvency framework ILA
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3rd IBBI—INSOL India International Conclave 2026
DomesticEvents & CollaborationsIBBI & INSOL India International Conclave

The 3rd IBBI—INSOL India International Conclave 2026 brought together leading domestic and international experts to deliberate on out-of-court restructurings, distressed acquisitions, and cross-border insolvency frameworks within the context of India’s evolving insolvency ecosystem.

Withdrawn arbitral deposit to be returned after insolvency
Case BriefsHigh Courts

“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.”

Call for Research Assistant – Insolvency and Bankruptcy Code
Jobs & Internships

A structured internship focusing on research, case analysis, and contemporary developments under the IBC

Amendment Bills
Legislation UpdatesStatutes/Bills/Ordinances

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.

Insolvency and Bankruptcy Code (Amendment) Bill 2025
Legislation UpdatesStatutes/Bills/Ordinances

Proposed amendment aims to improve its operation, enhance its effectiveness, clarify its original intent and incorporate novel concepts.

Corporate Insolvency
New releasesNews

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
Cases ReportedSCC Weekly

2025 SCC Vol. 5 Part 2: Explore the latest Supreme Court Cases on the Employees’ Compensation Act, IBC and the Transfer of Property Act.

2025 SCC Vol. 3 Part 4
Cases ReportedSCC Weekly

Criminal Procedure Code, 1973 — S. 439 — Grant of bail: Effect, when respondent-accused committed similar offence during bail

Insolvency process
Experts CornerNumen Law Offices

by Lakshmi Raman*

National Company Law Appellate Tribunal
Case BriefsTribunals/Commissions/Regulatory Bodies

“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.”

Withdrawal of CIRP
Experts CornerJSA Advocates & Solicitors

by Sidharth Sethi*, Shreya Sircar** and Kunal Saini***

National Company Law Tribunal
Case BriefsTribunals/Commissions/Regulatory Bodies

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.