Insolvency & Bankruptcy Code Archives

Section 14 IBC Moratorium a Protective Shield Against Asset Depletion; Statutory Authorities Cannot Recover Leasehold Property During CIRP: Gujarat HC

“The Statement of Object and Reasons of the Code says that the aim is to improve ease of doing business and facilitate more business leading to higher economic growth and development.”

Op Eds OP. ED.

Can Spectrum Licence be Treated as an Asset in the CIRP Initiated by a Creditor Under Insolvency & Bankruptcy Code, 2016 | Union of India v. Vijaykumar V. Iyer: A case comment

by Tarun Gulati† and Madhav Goel††

Case Briefs Tribunals/Commissions/Regulatory Bodies

NCLAT sets aside Section 7 IBC application; lets Section 9 application run its due course

The Tribunal stated that if the withdrawal of the Section 9 Admission order was upheld and CIRP were to start afresh from the date of admission of the Section 7 Application, it would have resulted in an inadequate insolvency resolution of the corporate debtor.

Case Briefs Tribunals/Commissions/Regulatory Bodies

NCLAT | Time taken for preparation of the certified copy of the order/judgment excluded for limitation under Section 61 of the Insolvency & Bankruptcy Code, 2016

National Company Law Appellate Tribunal: Dismissing a time-barred appeal, the Principal Bench of National Company Appellate Tribunal comprising of Ashok Bhushan, J.

Op Eds OP. ED.

Insolvency & Bankruptcy Code, 2016 (IBC)

by K.R. Bulchandani*

Case Briefs Tribunals/Commissions/Regulatory Bodies

NCLT admits Bank of Baroda’s insolvency plea against Amrapali Silicon City Pvt. Ltd.; appoints Interim Resolution Professional

National Company Law Tribunal, Principal Bench: Bank of Baroda, the Financial Creditor filed an application to trigger the Corporate Insolvency Resolution Process