District Magistrate's Role Under Section 14 of SARFAESI Act is Ministerial, Not Adjudicatory: Appeal Dismissed
NCLAT Chennai Member Recuses from Case Following Personal Request from Brother
Assets Deposited by Corporate Debtor as Security Before CIRP Remain Corporate Debtor’s Property, Reinforcing IBC Supremacy
NCLAT Upholds CIRP Continuation Under CoC's Authority in Line with Supreme Court's Rainbow Papers Directive [REEDLAW 2022 SC 09519]
NCLAT Affirms NCLT’s Dismissal of Section 9 Application Against Patanjali Paridhan Over Pre-Existing Dispute on NOC and Contractual Obligations
Priority of IBC Liquidation Process Over Section 230 Schemes for Corporate Debtor Resolution: A NCLAT Ruling
Determination of Disputed Claims and Partial Settlements Lies with NCLT When Further Examination of Evidence is Required
CoC's Discretion to Opt for Liquidation Upheld by NCLAT: Judicial Review Limited in Absence of Irregularity
Supreme Court Clarifies Limited Scope of Judicial Scrutiny Under Section 11 of the Arbitration and Conciliation Act, 1996, Emphasizing Prima Facie Existence of Arbitration Agreement
Adjudicating Authority Cannot Examine Merits in Section 95 Application Without Resolution Professional’s Report under Section 99 of IBC
Enhancing Real Estate Insolvency Resolutions: Public Consultation on Key Proposals for Stakeholder Engagement and Efficiency
Timely Implementation of Resolution Plans: Supreme Court Reaffirms IBC's Core Objective of Asset Preservation and Efficient Insolvency Resolution
Govt to Introduce Creditor Led Resolution Process (CLR): New Out-of-Court Mechanism for Quick Resolutions with Limited NCLT Involvement
Failure to Submit a Repayment Plan Entitles Creditors to Initiate Bankruptcy Proceedings Against the Personal Guarantor as a Statutory Consequence
Supreme Court Upholds CoC's Commercial Wisdom: SEZ Dues Extinguished in Approved Resolution Plan Under IBC’s Overriding Provisions
IBBI Seeks Public Comments on Proposed Mediation Framework for Operational Creditors Before Section 9 Insolvency Applications
IBBI and IBA Launch Centralized eBKray Platform to Enhance Transparency and Recovery in IBC Liquidation Auctions
Supreme Court Mandates Strict Compliance with MSME Revival Framework Before NPA Classification by Banks
Strict Enforcement of Protections Against NPA Classification and Recovery Actions by Banks: MSME Borrowers Demand
Moratorium Under IBC Continues Despite Interim Stay; NCLAT Orders Reversal of Lenders' Appropriations During CIRP Stay Period
NCLAT Sets Aside NCLT’s Rejection, Holds that Established Debt and Default Compel Admission of IBC Petition under Section 7
NCLT Approves Resolution Plan for Shamik Enterprises, Extinguishing Prior Liabilities and Transferring Control to Vivaa Tradecom
Withdrawal of Appeal and Release of Fixed Deposit: NCLAT Dismisses Challenge to Section 7 Admission in Insolvency Proceedings
NCLAT Sets Aside CIRP Admission Order Following Settlement Between Parties in Tattva & Mittal Lifespaces Pvt. Ltd. Case
Revival of Limitation Period: NCLAT Restores CIRP Application Following Payment by Corporate Debtor
Approval of Resolution Plan Proposing Nil Payment to Operational Creditors Held Valid Under Section 30(2)(b) of the IBC
Post-Liquidation Interest and Damages Claims Inadmissible: NCLAT Upholds Liquidator's Rejection of Subsequent Assessments
A Resolution Plan, Once Approved by the CoC and Offering More Than Liquidation Value, Cannot Be Rejected by the NCLT
NCLT Validates CoC's Decision and Clears Path for Corporate Revival under IBC Framework
Approval of Resolution Plan by NCLT Affirms Primacy of CoC’s Commercial Wisdom and Compliance with Section 30(2) of the IBC
Free Copy of Order Insufficient to Extend Limitation: Supreme Court Clarifies Certified Copy Requirement for IBC Appeals
High Court Declines Jurisdiction to Intervene in CoC' Decision-Making in CIRP, Upholding Commercial Wisdom and NCLT Oversight
NCLAT Clarifies CoC's Authority to Evaluate Resolution Plans and Settlement Proposals, Asserting No Stay on CIRP by the Supreme Court
NCLAT Reaffirms Integrity of Approved Resolution Plans: No Modifications Post-Approval
Commercial Wisdom of the CoC Prevails: NCLAT Upholds Resolution Plan Amid Dissent
Supreme Court Sets Aside NCLAT Approved Settlement for Bypassing Section 12A of the IBC and Improper Invocation of Rule 11 of NCLAT Rules
NCLAT Affirms Exclusion of Unsecured Creditors from CoC, Holding Loan Disbursed to SPV Does Not Constitute Financial Debt
Supreme Court Upholds Validity of Debt Acknowledgments in Financial Statements, Affirming Timeliness of Insolvency Proceedings under IBC
Section 9 Application Dismissed as Debt Falls Below Statutory Threshold and Includes Defaults Barred Under Section 10A of the IBC
Liability of Co-Borrowers in Corporate Insolvency: Upholding Joint Obligations and Enforceability Despite Technical Deficiencies
IBC Claim Time-Barred: Recall Notice Sets Default Date, No Relief from OTS Offers or SICA Exclusions
NCLAT Clarifies Treatment of Annual Mine Closure Costs (AMCC) as Corporate Assets Under IBC, Upholding Equal Treatment of Creditors
Pre-Existing Dispute Bars Initiation of CIRP: NCLAT Upholds Dismissal of Section 9 Application
NCLT Lacks Jurisdiction to Adjudicate Pre-Insolvency Closure Disputes, Confirms NCLAT
Approval of Resolution Plan by CoC Bars Subsequent Revisions, and Written Orders Prevail Over Oral Directions
Substantive Inquiry Essential to Establish Financial Debt under Section 7 of IBC; NCLAT Criticizes NCLT for Failing to Address Discrepancies in Financial Statements
Related Party Status Does Not Affect Priority in Liquidation Distribution Under Section 53 of the IBC
Engagement of Research Associates in Law at the Insolvency and Bankruptcy Board of India (IBBI) on a Contract Basis
Claims Arising Post-Liquidation Commencement Date are Inadmissible Under the IBC Framework
Reliance on Free Certified Copy Cannot Arrest Limitation Period: Appeal Dismissed for Delay Beyond Statutory Limit under IBC
District Magistrate's Role Under Section 14 of SARFAESI Act is Ministerial, Not Adjudicatory: Appeal Dismissed
Supreme Court Rules: No Disciplinary Proceedings Can Be Initiated Against Employees Post-Retirement
Supreme Court Reinstates Equitable Mortgage Claim, Emphasizes Evidentiary and Procedural Fairness
Govt to Introduce Creditor Led Resolution Process (CLR): New Out-of-Court Mechanism for Quick Resolutions with Limited NCLT Involvement
IBBI and IBA Launch Centralized eBKray Platform to Enhance Transparency and Recovery in IBC Liquidation Auctions
Supreme Court Mandates Strict Compliance with MSME Revival Framework Before NPA Classification by Banks
Strict Enforcement of Protections Against NPA Classification and Recovery Actions by Banks: MSME Borrowers Demand
Engagement of Research Associates in Law at the Insolvency and Bankruptcy Board of India (IBBI) on a Contract Basis
Central Banking at Crossroads: Navigating Challenges, Innovation, and the Future
Membership and Reporting to Credit Information Companies (CICs) by Asset Reconstruction Companies (ARCs) is Now Mandatory
The Reserve Bank (RBI) Proposes Beneficiary Name Verification for RTGS and NEFT Transactions
Byju’s Allegedly Transferred Funds in Violation of U.S. Bankruptcy Rules
A legal representative requires explicit client authorization to withdraw an application; any withdrawal without such authority is invalid
IBBI Announces Results of the 5th National Online Quiz on Insolvency and Bankruptcy Code, 2016
RBI Imposes ₹1 Crore Penalty on HDFC Bank for Regulatory Non-Compliance
Government Announces Recruitment for Recovery Officers Across Debts Recovery Tribunals in Multiple Locations
RBI's 610th Central Board Meeting Reviews Economic Outlook and Operational Performance
SBI Chairman CS Setty on Advancing MSME Credit Access and Financial System Evolution
RBI August 2024 Update: Modest Rise in Lending and Deposit Rates Reflects Gradual Adjustment in Banking Sector
NCLAT Upholds Insolvency Proceedings, Affirming that Financial Disputes Fall Within the Jurisdiction of Insolvency Laws Despite Civil Court Injunctions
High Court Dismisses Contempt Petition, Finding No Willful Disobedience in Context of Insolvency and Arbitration Compliance
High Court Overrules Lookout Circular (LOC) for Loan Default: Reinforces Fundamental Right to Travel
IBBI Invites EoI from Institutions to Develop a Post Graduate Insolvency Programme (PGIP) Aimed at Cultivating Highly Qualified Insolvency Resolution Experts
SARFAESI Proceedings Cannot Continue Post-Moratorium Under IBC if Sale Stage Not Reached
IBBI Invites Public Comments on Proposed Amendments to MSME Registration and Disclosure Framework under CIRP
IBC provisions prevail over the SARFAESI Act, and the interim moratorium under Section 96 affects SARFAESI proceedings initiated post-moratorium
CBDT Chairman Assures Timely Overhaul of Income Tax Act Amid Successful Faceless Regime Rollout
Supreme Court Seeks Nationwide Reforms for Bar Associations: Nodal Counsel Appointed to Oversee Suggestions and Enhancements
Government Appoints Nine Additional Judges as Permanent Members of Allahabad High Court
RBI Launches Nationwide RBI90Quiz for Undergraduates Students to Mark 90 Years of Service
Once a Bank Accepts Payment Under a Settlement Scheme (OTS), It Cannot Refuse to Release Mortgaged Property Despite Minor Non-Compliance
Admission of Cheque Execution Overrides Dispute on Loan Interest Rate as Defence
Positive Pay System (PPS): Enhancing Security in Cheque Transactions
Justice BR Gavai Inaugurates India's First Digital Court for NI Act Cases in Kerala, Highlighting Technology's Role in Making Justice More Accessible
RBI imposes monetary penalties on Bank of Maharashtra, Hinduja Leyland Finance Ltd and Poonawalla Fincorp Ltd for Regulatory Non-Compliance
High Court Finds Delays by TransUnion CIBIL Ltd in Updating Borrowers' Credit Ratings Constitute a Breach of Their Fundamental Rights Under Article 21
Exploring the Role of Insolvency Professionals: Second Annual Research Workshop on Insolvency and Bankruptcy
Supreme Court Sets Aside High Court Order, Affirms Mandatory Compliance with MSME Restructuring Framework Before NPA Classification
Sharp Rise in Foreign Engagement of Indian Mutual Funds and Asset Management Companies (AMCs)
RBI Imposes ₹1.06 Crore Penalty on Union Bank of India for Regulatory Non-Compliance
Harmonisation of Regulations for Housing Finance Companies (HFCs) and Non-Banking Finance Companies (NBFCs)
Government Introduces Banking Laws (Amendment) Bill 2024: Key Reforms to Enhance Bank Account Flexibility and Governance
RBI Proposes Enhanced UPI Limits and New Measures to Strengthen Digital Payments and Lending Ecosystem
Supreme Court Clarifies Burden of Proof and Presumption of Liability Under Section 139 of the Negotiable Instruments Act
RBI Mandates Fortnightly Reporting of Credit Information: Enhanced Timeliness and Compliance Guidelines Effective January 1, 2025
Winners Announced for Reserve Bank of India’s Financial Literacy Ideathon 2024
Supreme Court Asks RBI Whether Banks Should Notify Borrowers of Interest Rate Changes and Provide Annual Loan Statements
Directors Cannot Be Held Vicariously Liable Without Specific Allegations of Their Responsibility for the Company's Business
Supreme Court Issues Contempt Notice to Vishakhapatnam Bar Association for Hindering Debts Recovery Tribunal Proceedings
RBI Provides Update on Withdrawal of ₹2000 Denomination Banknotes
District Magistrate's Role Under Section 14 of SARFAESI Act is Ministerial, Not Adjudicatory: Appeal Dismissed
Supreme Court Upholds Auction Purchasers' Rights Under SARFAESI Act, Directs Timely Possession Transfer
High Court Enforces Timely Action Under Section 14 of SARFAESI Act, Directs District Magistrate to Expedite Application Disposal
Supreme Court Seeks Finance Ministry’s Response on Critical Vacancies in Debts Recovery Tribunals
DRAT Sets Aside DRT Order and Upholds Auction Sale Validity; Rules Procedural Adjustments Do Not Violate Statutory Notice Requirements
Finality of Recovery: DRAT Upholds Limited Scope of Attachment Orders and Creditor Entitlements Under the Recovery of Debts and Bankruptcy Act
Unregistered Agreement for Sale Fails to Establish Ownership Rights in Recovery Proceedings under RDDB & FI Act, 1993
DRAT Quashes Auction Sale for Non-Compliance with Statutory Notice Requirements under SARFAESI Act
Supreme Court Reinstates Equitable Mortgage Claim, Emphasizes Evidentiary and Procedural Fairness
Tribunals Must Adhere to Statutory Mandates and Precedents: DRAT Sets Aside DRT Order for Lack of Legal Basis and Reasoning
Supreme Court Upholds Fairness in Public Auctions: Invalidates Sale Due to Procedural Lapses and Irregularities
Unregistered Agreements and Unsupported Claims Cannot Override SARFAESI Proceedings or Create Enforceable Rights
DRAT Invalidates Auction Due to Non-Compliance with 30-Day Notice Requirement Under Rule 8(6) of SARFAESI Act
DRAT Affirms Auction Proceedings, Rejecting Ownership and Demarcation Claims for Lack of New Evidence and Clear Boundary Distinctions
DRAT Affirms Validity of Equitable Mortgage and Lawful SARFAESI Proceedings Despite Borrowers’ Post-Default Objections
Personal Guarantor Held Liable for Outstanding Loan of ₹238.34 Crores Despite Ongoing CIRP Proceedings Against Corporate Guarantor
Failure to Serve Auction Notice to Borrower Before Publication Violates Redemption Rights, Renders the Auction Void under the SARFAESI Act
The Supreme Court Affirms Limited Redemption Rights under SARFAESI Act Post-Auction Notice, Reinforcing Auction Finality and Debt Recovery Mechanisms
IBBI and IBA Launch Centralized eBKray Platform to Enhance Transparency and Recovery in IBC Liquidation Auctions
Supreme Court Mandates Strict Compliance with MSME Revival Framework Before NPA Classification by Banks
Strict Enforcement of Protections Against NPA Classification and Recovery Actions by Banks: MSME Borrowers Demand
Engagement of Research Associates in Law at the Insolvency and Bankruptcy Board of India (IBBI) on a Contract Basis
Central Banking at Crossroads: Navigating Challenges, Innovation, and the Future
The Reserve Bank (RBI) Proposes Beneficiary Name Verification for RTGS and NEFT Transactions
Byju’s Allegedly Transferred Funds in Violation of U.S. Bankruptcy Rules
NCLAT Affirms Validity of Co-operative Banks' Debt Assignments to Asset Reconstruction Companies Under SARFAESI Act
A legal representative requires explicit client authorization to withdraw an application; any withdrawal without such authority is invalid
IBBI Announces Results of the 5th National Online Quiz on Insolvency and Bankruptcy Code, 2016
Government Announces Recruitment for Recovery Officers Across Debts Recovery Tribunals in Multiple Locations
NCLAT Upholds Replacement of Resolution Professional in Personal Insolvency Proceedings Following IBBI Suspension
High Court Dismisses Contempt Petition, Finding No Willful Disobedience in Context of Insolvency and Arbitration Compliance
Bank Cannot Proceed with SARFAESI Act Enforcement Against Personal Guarantors During Interim Moratorium Under the Insolvency and Bankruptcy Code
High Court Overrules Lookout Circular (LOC) for Loan Default: Reinforces Fundamental Right to Travel
IBBI Invites EoI from Institutions to Develop a Post Graduate Insolvency Programme (PGIP) Aimed at Cultivating Highly Qualified Insolvency Resolution Experts
SARFAESI Proceedings Cannot Continue Post-Moratorium Under IBC if Sale Stage Not Reached
IBBI Invites Public Comments on Proposed Amendments to MSME Registration and Disclosure Framework under CIRP
IBC provisions prevail over the SARFAESI Act, and the interim moratorium under Section 96 affects SARFAESI proceedings initiated post-moratorium
CBDT Chairman Assures Timely Overhaul of Income Tax Act Amid Successful Faceless Regime Rollout
Supreme Court Seeks Nationwide Reforms for Bar Associations: Nodal Counsel Appointed to Oversee Suggestions and Enhancements
Government Appoints Nine Additional Judges as Permanent Members of Allahabad High Court
Public sector banks cannot arbitrarily withdraw an accepted One-Time Settlement (OTS) once the agreed amount has been fully paid
NCLAT Confirms SARFAESI Act Auction of Subsidiary Assets Doesn't Breach IBC Moratorium: Jurisdictional Clarity Affirmed
RBI Launches Nationwide RBI90Quiz for Undergraduates Students to Mark 90 Years of Service
Once a Bank Accepts Payment Under a Settlement Scheme (OTS), It Cannot Refuse to Release Mortgaged Property Despite Minor Non-Compliance
High Court Finds Delays by TransUnion CIBIL Ltd in Updating Borrowers' Credit Ratings Constitute a Breach of Their Fundamental Rights Under Article 21
Exploring the Role of Insolvency Professionals: Second Annual Research Workshop on Insolvency and Bankruptcy
Effect of IBC Moratorium on SARFAESI Act Proceedings: Clarifying Jurisdictional Overlap
Supreme Court Sets Aside High Court Order, Affirms Mandatory Compliance with MSME Restructuring Framework Before NPA Classification
Government Introduces Banking Laws (Amendment) Bill 2024: Key Reforms to Enhance Bank Account Flexibility and Governance
RBI Proposes Enhanced UPI Limits and New Measures to Strengthen Digital Payments and Lending Ecosystem
District Magistrate's Role Under Section 14 of SARFAESI Act is Ministerial, Not Adjudicatory: Appeal Dismissed
NCLAT Chennai Member Recuses from Case Following Personal Request from Brother
Supreme Court Upholds Auction Purchasers' Rights Under SARFAESI Act, Directs Timely Possession Transfer
High Court Enforces Timely Action Under Section 14 of SARFAESI Act, Directs District Magistrate to Expedite Application Disposal
Assets Deposited by Corporate Debtor as Security Before CIRP Remain Corporate Debtor’s Property, Reinforcing IBC Supremacy
Supreme Court Rules: No Disciplinary Proceedings Can Be Initiated Against Employees Post-Retirement
Supreme Court Seeks Finance Ministry’s Response on Critical Vacancies in Debts Recovery Tribunals
DRAT Sets Aside DRT Order and Upholds Auction Sale Validity; Rules Procedural Adjustments Do Not Violate Statutory Notice Requirements
NCLAT Upholds CIRP Continuation Under CoC's Authority in Line with Supreme Court's Rainbow Papers Directive [REEDLAW 2022 SC 09519]
NCLAT Affirms NCLT’s Dismissal of Section 9 Application Against Patanjali Paridhan Over Pre-Existing Dispute on NOC and Contractual Obligations
Finality of Recovery: DRAT Upholds Limited Scope of Attachment Orders and Creditor Entitlements Under the Recovery of Debts and Bankruptcy Act
Unregistered Agreement for Sale Fails to Establish Ownership Rights in Recovery Proceedings under RDDB & FI Act, 1993
DRAT Quashes Auction Sale for Non-Compliance with Statutory Notice Requirements under SARFAESI Act
Supreme Court Reinstates Equitable Mortgage Claim, Emphasizes Evidentiary and Procedural Fairness
Tribunals Must Adhere to Statutory Mandates and Precedents: DRAT Sets Aside DRT Order for Lack of Legal Basis and Reasoning
Supreme Court Upholds Fairness in Public Auctions: Invalidates Sale Due to Procedural Lapses and Irregularities
Priority of IBC Liquidation Process Over Section 230 Schemes for Corporate Debtor Resolution: A NCLAT Ruling
Unregistered Agreements and Unsupported Claims Cannot Override SARFAESI Proceedings or Create Enforceable Rights
DRAT Invalidates Auction Due to Non-Compliance with 30-Day Notice Requirement Under Rule 8(6) of SARFAESI Act
Determination of Disputed Claims and Partial Settlements Lies with NCLT When Further Examination of Evidence is Required
CoC's Discretion to Opt for Liquidation Upheld by NCLAT: Judicial Review Limited in Absence of Irregularity
Supreme Court Clarifies Limited Scope of Judicial Scrutiny Under Section 11 of the Arbitration and Conciliation Act, 1996, Emphasizing Prima Facie Existence of Arbitration Agreement
DRAT Affirms Auction Proceedings, Rejecting Ownership and Demarcation Claims for Lack of New Evidence and Clear Boundary Distinctions
DRAT Affirms Validity of Equitable Mortgage and Lawful SARFAESI Proceedings Despite Borrowers’ Post-Default Objections
Personal Guarantor Held Liable for Outstanding Loan of ₹238.34 Crores Despite Ongoing CIRP Proceedings Against Corporate Guarantor
Failure to Serve Auction Notice to Borrower Before Publication Violates Redemption Rights, Renders the Auction Void under the SARFAESI Act
The Supreme Court Affirms Limited Redemption Rights under SARFAESI Act Post-Auction Notice, Reinforcing Auction Finality and Debt Recovery Mechanisms
Adjudicating Authority Cannot Examine Merits in Section 95 Application Without Resolution Professional’s Report under Section 99 of IBC
Enhancing Real Estate Insolvency Resolutions: Public Consultation on Key Proposals for Stakeholder Engagement and Efficiency
Timely Implementation of Resolution Plans: Supreme Court Reaffirms IBC's Core Objective of Asset Preservation and Efficient Insolvency Resolution
Govt to Introduce Creditor Led Resolution Process (CLR): New Out-of-Court Mechanism for Quick Resolutions with Limited NCLT Involvement
Failure to Submit a Repayment Plan Entitles Creditors to Initiate Bankruptcy Proceedings Against the Personal Guarantor as a Statutory Consequence
Supreme Court Upholds CoC's Commercial Wisdom: SEZ Dues Extinguished in Approved Resolution Plan Under IBC’s Overriding Provisions
IBBI Seeks Public Comments on Proposed Mediation Framework for Operational Creditors Before Section 9 Insolvency Applications
IBBI and IBA Launch Centralized eBKray Platform to Enhance Transparency and Recovery in IBC Liquidation Auctions
Supreme Court Mandates Strict Compliance with MSME Revival Framework Before NPA Classification by Banks
Strict Enforcement of Protections Against NPA Classification and Recovery Actions by Banks: MSME Borrowers Demand
Moratorium Under IBC Continues Despite Interim Stay; NCLAT Orders Reversal of Lenders' Appropriations During CIRP Stay Period
NCLAT Sets Aside NCLT’s Rejection, Holds that Established Debt and Default Compel Admission of IBC Petition under Section 7
NCLT Approves Resolution Plan for Shamik Enterprises, Extinguishing Prior Liabilities and Transferring Control to Vivaa Tradecom
Withdrawal of Appeal and Release of Fixed Deposit: NCLAT Dismisses Challenge to Section 7 Admission in Insolvency Proceedings
NCLAT Sets Aside CIRP Admission Order Following Settlement Between Parties in Tattva & Mittal Lifespaces Pvt. Ltd. Case
Revival of Limitation Period: NCLAT Restores CIRP Application Following Payment by Corporate Debtor
Approval of Resolution Plan Proposing Nil Payment to Operational Creditors Held Valid Under Section 30(2)(b) of the IBC
Post-Liquidation Interest and Damages Claims Inadmissible: NCLAT Upholds Liquidator's Rejection of Subsequent Assessments
A Resolution Plan, Once Approved by the CoC and Offering More Than Liquidation Value, Cannot Be Rejected by the NCLT
NCLT Validates CoC's Decision and Clears Path for Corporate Revival under IBC Framework
Approval of Resolution Plan by NCLT Affirms Primacy of CoC’s Commercial Wisdom and Compliance with Section 30(2) of the IBC
Free Copy of Order Insufficient to Extend Limitation: Supreme Court Clarifies Certified Copy Requirement for IBC Appeals
High Court Declines Jurisdiction to Intervene in CoC' Decision-Making in CIRP, Upholding Commercial Wisdom and NCLT Oversight
