insolvency and bankruptcy code

absolute or unfettered discretion
Case BriefsSupreme Court

Supreme Court said that the mere expectation of the Liquidator that a still higher price may be obtained can be no good ground to cancel an otherwise valid auction and go for another round of auction.

call for papers
Call For PapersLaw School News

ABOUT THE UNIVERSITY Rajiv Gandhi National University of Law (RGNUL) was established in Punjab in 2006 by the State Legislature to provide

same real estate project
Op EdsOP. ED.

by Samriddh Bindal†

ordinary course of business
OP. ED.SCC Journal Section Archives

by Sriram Venkatavaradan and Saai Sudharsan Sathiyamoorthy†

resolution professional
Law Firms NewsNews

DSK advised and assisted Mr. Manoj Kumar Agarwal, Resolution Professional of DS Kulkarni Developers Limited (“DSKDL”) with respect to the corporate insolvency

bombay high court
Case BriefsHigh Courts

Bombay High Court considered the question of whether there is anything inconsistent in the 1996 Act as against Sections 7 to 9 of IBC Code for the said IBC provisions to prevail.

avoidance actions under ibc
Experts CornerShardul Amarchand Mangaldas

by Anoop Rawat†, Saurav Panda†† and Amrit Mahal†††
Cite as: 2023 SCC OnLine Blog Exp 51

personal guarantors insolvency
Op EdsOP. ED.

by Sharmistha Ghosh†

vidarbha
Op EdsOP. ED.

by Lavanya Pathak† and Akshay Sharma††

Op EdsOP. ED.

by Prashant Tripathi†

NCLT
Case BriefsTribunals/Commissions/Regulatory Bodies

A creditor has limited grounds to object to S. 10 of IBC application.

legal counsel for Reliance Industries
Law Firms NewsNews

DEAL DETAILS Reliance Industries Limited | Sintex Resolution Plan Khaitan & Co acted as legal counsel for Reliance Industries Limited and Assets

rgnul centre for business laws and taxation
Call For PapersLaw School News

About Rajiv Gandhi National University of Law, Punjab Rajiv Gandhi National University of Law (RGNUL), Punjab, was established by the State Legislature

financial creditors
Op EdsOP. ED.

by Disha Jain†

Section 138
Case BriefsSupreme Court

The Supreme Court observed that the scope of nature of proceedings under the two Acts are quite different and would not intercede each other.

Call For PapersLaw School News

ABOUT THE NLIU-TRILEGAL SUMMIT ON CORPORATE AND COMMERCIAL LAWS The Centre for Business and Commercial Laws is thrilled to release the Call

Swiss Challenge and Insolvency and Bankruptcy Code
Op EdsOP. ED.

by Swarnendu Chatterjee†, Anwesha Pal†† and Megha Saha†††
Cite as: 2023 SCC OnLine Blog Exp 22

NCLAT
Case BriefsTribunals/Commissions/Regulatory Bodies

While dismissing the appeal challenging the order of Adjudicating Authority which dismissed a S. 7 IBC application on the ground of want of limitation, the Tribunal held that there is no question of going into the merits of the case and the application is barred by limitation.

IBC| Inconsistent position taken in the Vidarbha Industries verdict? Supreme Court issues notice
Case BriefsSupreme Court

The petitioner alleged that the National Company Law Appellate Tribunal had relied upon the decision of Vidarbha Industries, which even though was clarified in review petition of Axis Bank but was still contrary to the settled position in law laid down in Innoventive Industries. Tushar Mehta, Solicitor General contended that the principle enunciated in Vidarbha Industries would be liable to dilute the substratum of the Code.

Case BriefsSupreme Court

The Supreme Court stated that it was neither a case where the appellant did not make any application within the stipulated time under the 2019 Scheme nor where the appellant deliberately did not deposit the settlement amount.