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An Arbitral Award Cannot Be Set Aside Under Section 34 Merely Due to Erroneous Interpretation of Contractual Terms Unless It Suffers from Patent Illegality
The High Court held that an arbitral award cannot be set aside under Section 34 merely due to an erroneous interpretation of contractual...
Mar 273 min read

Madras High Court directs Indian Bank to return Rs. 55 Crore to Chennai Port Trust
The Madras High Court has directed Indian Bank, to return to the Chennai Port Trust (ChPT) Rs. 55.19 crore, the balance of the Rs. 100.57...
Aug 27, 20212 min read


Insolvency & Bankruptcy Board of India request for proposal for the appointment of Internal Auditor
The Insolvency and Bankruptcy Board of India (IBBI) with its Head Office located on 7th Floor, Mayur Bhawan, Shankar Market, Connaught...
Aug 23, 20211 min read


Borrower has remedy u/s 17 SARFAESI Act to file an appeal against action taken by secured creditor
A Division Bench of the Gauhati High Court Chief Justice Sudhanshu Dhulia and Manash Ranjan Pathak, J. in the case of Kakoti Engineering...
Jul 5, 20212 min read


SC upholds Centre’s Notification enforcing IBC provisions to the insolvency of personal guarantors
A Division Bench of the Hon’ble Supreme Court comprising Justices L. Nageswara Rao and S. Ravindra Bhat in Lalit Kumar Jain v. Union of...
Jun 24, 20213 min read


Moratorium under IBC: Its effect on parallel proceedings
The moratorium under the Insolvency and Bankruptcy Code, 2016 (IBC) means a period wherein no judicial proceedings for recovery,...
Jun 21, 20218 min read

REEDLAW IBC Newsletter | 14 - 20 June 2021
IBC Newsletter is an initiative by REEDLAW to provide the latest weekly updates on Insolvency, Bankruptcy and Banking laws to its readers.
Jun 20, 20211 min read


Cryptocurrency: An Investment - Unstable, but Rewarding?
With the industrialization and increased use of technology, digital currencies are gaining an upper hand in comparison to the others. An...
Jun 15, 20215 min read


SC rules Moratorium u/s 14 of IBC covers proceedings initiated against corporate debtor u/s NI Act
A Full Bench of the Hon’ble Supreme Court comprising Justices R.F. Nariman, Navin Sinha, and K.M. Joseph, held that proceeding under...
Jun 14, 20214 min read


DRT cannot adjudicate civil rights claimed vis-a-vis security rights outside S.13&17 of SARFAESI Act
A Division Bench of the Hon’ble Bombay High Court (Nagpur Bench) comprising Justices Sunil B. Shukre and Avinash G. Gharote in the matter...
Jun 9, 20214 min read
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