CAM advises Nazara Technologies
Law Firms NewsNews

Cyril Amarchand Mangaldas has advised and represented Nazara Technologies Limited

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

The Resolution Plan has been approved by 83.46% voting share of the CoC, therefore, at the instance of Appellant, approval of Resolution Plan cannot be allowed to be questioned.”

IBBI Amendment Regulations
Legislation UpdatesRules & Regulations

Enhancing creditor strength through faster debt recovery.

IBA Conference on M&A in India
Events/WebinarsNews

From 03 to 04-04-2025, the International Bar Association corporate and M&A Law Committee at Taj Mahal Palace, Mumbai.

Advocate Pranav Gupta
Interviews

Interviewed by Sidhanth Singh

Gujarat High Court
Case BriefsHigh Courts

‘On the complete extinguishment of all tax liabilities of the Corporate Debtor upon the approval of the Resolution Plan, there could be no occasion whatsoever for the IT Commissioner to issue the impugned notice under Section 263 of the Act, seeking to revise the assessment order for the Assessment Year 2020-21.’

NCDRC penalties debt IBC
Case BriefsSupreme Court

Permitting a stay on regulatory penalties under the guise of insolvency proceedings would undermine the very purpose of the CP Act and embolden errant developers to escape liability through insolvency proceedings.

Reliance Infratel Financial Creditors
Case BriefsSupreme Court

Noting that hypothecation means the process of using an asset as collateral for a loan. It acts as a protection to the lender when the borrower does not repay the loan, the Supreme Court highlighted that the name of the document is not a decisive factor. Only because the title of the document contains the word hypothecation, it cannot be concluded that guarantee is not a part of this document.

Corporate and Insolvency Laws
Conference/Seminars/LecturesLaw School News

About the Organisation: The Centre for Advanced Research on Corporate and Insolvency Laws (CARCIL) is a Centre of Excellence to facilitate the

Group Companies
Op EdsOP. ED.

by Anuja Pethia* and Rishabh Govila**

Singapore Model Law
Case BriefsInternational Courts

A mandatory effect operates to recognise a foreign proceeding once the requirements in Article 17 of the Third Schedule are satisfied.

ILA 2nd Conference 2024
Events/WebinarsNews

Insolvency Law Academy is conducting its 2nd annual conference, the 2nd meeting of ILA’s Insolvency Scholars Forum and 1st meeting of ILA’s Emerging Scholar’s Group from 9th to 11th February, 2024 in Goa.

madras high court
Case BriefsHigh Courts

“Regulations and Byelaws framed under Section 204 IBC clearly provide checks and balances. Therefore, it cannot be said to be confirmation of excessive or unbridled power”

Hot Off The PressNews

“IBC does not suffer from any manifest arbitrariness to violate Article 14 of the Constitution”

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.

national company law appellate tribunal
Case BriefsTribunals/Commissions/Regulatory Bodies

NCLAT directed the new Resolution Professional to protect the assets of the Corporate Debtor as required under S. 25(1) of the IBC

section 327(7) of companies act
Case BriefsSupreme Court

The Supreme Court said that it cannot adopt a doctrinaire approach. Some sacrifices have to be always made for the greater good, and unless such sacrifices are prima facie apparent and ex facie harsh and unequitable as to classify as manifestly arbitrary, these would not be interfered with by the court. Thus, no priority can be given to workers’ dues after liquidation of the company under the IBC.

supertech insolvency case
Case BriefsSupreme Court

The Court said that if Committee of Creditors would be constituted for all projects of Supertech, it will cause immense hardships to the home buyers and will throw ever project into uncertainty.

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

jharkhand high court
Case BriefsHigh Courts

Jharkhand High Court clarified that Section 233 of Insolvency and Bankruptcy Code (‘IBC Code’) gives protection to a resolution professional from criminal prosecution for acts in good faith, and not where he has been apprehended red-handed with the bribe amount.