Mondaq India: Insolvency/Bankruptcy/Re-structuring
Vaish Associates Advocates
The corporate insolvency resolution process has been facing several hiccups and the law has been evolving. One of the tricky issues has been the regulatory approvals required ...
Singh & Associates
The personal guarantors challenged this order of the Ld. DRT before the Hon'ble Allahabad High Court.
Nishith Desai Associates
Webinar : NDA Series On Insolvency And Bankruptcy Code: Recent Jurisprudence, Issues And Proposed Amendments – Part II (May 02, 2018) QnA
Nishith Desai Associates
Webinar : NDA Series On Insolvency And Bankruptcy Code: Recent Jurisprudence, Issues And Proposed Amendments – Part II (May 02, 2018)Webinar (Video)
Nishith Desai Associates
Webinar : NDA Series On Insolvency And Bankruptcy Code Recent Jurisprudence, Issues And Proposed Amendments – Part II (May 02, 2018) Promo (Video)
NovoJuris Legal
In case of any disputes between the parties, there are probabilities that parties might compromise and settle the matter during the pendency of the case before the Court.
Nishith Desai Associates
The Principal Bench of the National Company Law Tribunal has directed the resolution professional and committee of creditors of Bhushan Power and Steel Limited to consider...
S.S. Rana & Co. Advocates
The Insolvency and Bankruptcy Board of India vide press release1 dated March 28, 2018, has amended the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process...
Singh & Associates
To punish the defaulters, India had numerous Acts in place like the Indian Contract Act,1872, the Recovery of Debts Due to Banks and Financial Institution Act 1993, the Securitizations and ...
Singh & Associates
Before India adopted the Insolvency and Bankruptcy Code, 2016 (the ‘IBC'), the Reserve Bank of India had promulgated a number of interim schemes for the resolution of stressed assets, namely -
Khaitan & Co
On 27 March 2018, the Insolvency and Bankruptcy Board of India (IBBI) notified the Insolvency and Bankruptcy Board Of India (Liquidation Process) (Amendment) Regulations, 2018 (Amendment).
Dhir & Dhir Associates
On 6th March, 2018, the NCLAT, in the matter SBI VS SKC Retails Ltd. through IRP & anr., held that the Applicant is liable to incur the expenses of resolution professional as per sub-regulation...
Nishith Desai Associates
Our expertise and opinion is regarded as an authority amongst the upper echelons of international law.
NovoJuris Legal
Under the Insolvency and Bankruptcy Code, 2016 (the Code), a financial creditor can initiate a Corporate Insolvency...
PSA
Recently, NCLAT faced a situation in State Bank of India v. Mr. V. Ramakrishnan and Ors. [Company Appeal (AT) Insolvency no. 213 of 2017], where the State Bank of India had appealed...
S.S. Rana & Co. Advocates
The Hon'ble Calcutta High Court on February 2, 2018, upheld the validity of Section 7, 8 and 9 of the Insolvency and Bankruptcy Code, 2016 in the case of Akshay Jhunjhunwala & anr. v. Union of India.
S.S. Rana & Co. Advocates
The Insolvency and Bankruptcy Board of India signed a Memorandum of Understanding with the Reserve Bank of India on March 12, 2018. he purpose of the MoU is to assist and cooperate with each other for effective implementation of the Insolvency and Bankruptcy Code, 2016.
Dhaval Vussonji & Associates
Insolvency, explained simply, refers to an individual or an entity's inability to pay debts due from it. The recent and most illustrious enactment by the Parliament, the Insolvency and Bankruptcy Code, 2016 encompasses this wide-ranging arena of insolvency and bankruptcy.
M Mulla Associates
The prohibition contained in section 14 of the Insolvency and Bankruptcy Code 2016, ("the Act") against the initiation and continuation of legal proceedings...
Vaish Associates Advocates
IV. Fresh proceedings before NCLT under IBC admissible regardless of winding up petitions before Company Court admitted and pending disposal
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Khurana and Khurana
The Corporate Debtor/Respondent (Uttam Galva Metallics) defaulted in the payment to the Operational Creditor/Appellant (Macquarie Bank) amounting to USD 6,321,337 equivalent to Rs. 43,11,15,190.
Dhaval Vussonji & Associates
The Insolvency and Bankruptcy Code, 2016 (IBC) has consolidated and amended the laws relating to reorganization and insolvency of corporate persons, partnership firms and individual firms.
Dhir & Dhir Associates
The moratorium in terms of Insolvency and Bankruptcy Code, 2016 (‘IBC') means a period wherein no judicial proceedings for recovery, enforcement of security interest, sale or transfer of assets, or termination of essential contracts can be instituted or continued against the Corporate Debtor.
Singh & Associates
Insolvency and Bankruptcy Code, 2016 is enacted to consolidate and amend laws pertaining to insolvency and resolution. Part Ii of the Code deals with the Insolvency Resolution and Liquidation for ‘Corporate persons'.
Singh & Associates
Whenever a person is declared as insolvent, certain transactions undertaken during the process of insolvency or even before that are avoided to overturn their effects on the finances of the corporate debtor
S.S. Rana & Co. Advocates
In proceedings with regards to the provisions of the Insolvency and Bankruptcy Code, 2016 the Bombay High Court has passed a landmark judgement ruling that an application under IBC may be made even in cases where ...
TMF Group
For the first time ever, India has jumped 30 positions to 100th in terms of ease of doing business ranking this year, as monitored by the World Bank. But despite the progress, there are still challenges along the way.
Khaitan & Co
On 27 March 2018, the Insolvency and Bankruptcy Board of India (IBBI) notified the Insolvency and Bankruptcy Board Of India (Liquidation Process) (Amendment) Regulations, 2018 (Amendment).
Trilegal
The issue of simultaneous liability recently arose before the NCLT, Delhi Bench under the Insolvency and Bankruptcy Code, 2016
Phoenix Legal
Valuation of assets is one of the core features of the corporate insolvency resolution process under the Insolvency and Bankruptcy Code, 2016.
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