Post-initiation of CIRP, obtaining MSME status does not disqualify the Corporate Debtor from submitting a resolution plan under Section 240A, IBC
![Post-initiation of CIRP, obtaining MSME status does not disqualify the Corporate Debtor from submitting a resolution plan under Section 240A, IBC](https://static.wixstatic.com/media/d515a3_f4ac4d7b133149e9b7279d836b198a5b~mv2.png/v1/fill/w_209,h_209,fp_0.50_0.50,q_95,enc_auto/d515a3_f4ac4d7b133149e9b7279d836b198a5b~mv2.webp)
![](https://static.wixstatic.com/media/d515a3_0a93dad9e7f8453a90690ffed84a30bc~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/d515a3_0a93dad9e7f8453a90690ffed84a30bc~mv2.webp)
![Section 138 NI Act Proceedings Do Not Bar Arbitration Initiation; Both Are Independent Paths For Dispute Resolution](https://static.wixstatic.com/media/d515a3_0a93dad9e7f8453a90690ffed84a30bc~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_0a93dad9e7f8453a90690ffed84a30bc~mv2.webp)
- Mar 26
- 2 min
Section 138 NI Act Proceedings Do Not Bar Arbitration Initiation; Both Are Independent Paths For Dispute Resolution
![](https://static.wixstatic.com/media/d515a3_f9fc54a5dbf04f20abfd440be4b7fe09~mv2.jpg/v1/fill/w_227,h_227,fp_0.50_0.50,lg_1,q_30,blur_30,enc_auto/d515a3_f9fc54a5dbf04f20abfd440be4b7fe09~mv2.webp)
![Operational Creditors May Find Relief: Proposals for Equitable Treatment in Insolvency Reforms](https://static.wixstatic.com/media/d515a3_f9fc54a5dbf04f20abfd440be4b7fe09~mv2.jpg/v1/fill/w_209,h_162,fp_0.50_0.50,q_90,enc_auto/d515a3_f9fc54a5dbf04f20abfd440be4b7fe09~mv2.webp)
- Mar 26
- 3 min
Operational Creditors May Find Relief: Proposals for Equitable Treatment in Insolvency Reforms
![](https://static.wixstatic.com/media/d515a3_9eeec9b540f743edb5666f59d2966a98~mv2.jpeg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/d515a3_9eeec9b540f743edb5666f59d2966a98~mv2.webp)
![Understanding and Leveraging the Recent RBI Guidelines for Credit Card Billing Cycle Adjustments](https://static.wixstatic.com/media/d515a3_9eeec9b540f743edb5666f59d2966a98~mv2.jpeg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_9eeec9b540f743edb5666f59d2966a98~mv2.webp)
- Mar 24
- 3 min
Understanding and Leveraging the Recent RBI Guidelines for Credit Card Billing Cycle Adjustments
![](https://static.wixstatic.com/media/d515a3_bd986ccd0a3d4c529db58b6b6199331e~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/d515a3_bd986ccd0a3d4c529db58b6b6199331e~mv2.webp)
![Arvind Panagariya Urges Inclusion of Bank Privatisation in Modi 3.0 Agenda](https://static.wixstatic.com/media/d515a3_bd986ccd0a3d4c529db58b6b6199331e~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_bd986ccd0a3d4c529db58b6b6199331e~mv2.webp)
- Mar 23
- 2 min
Arvind Panagariya Urges Inclusion of Bank Privatisation in Modi 3.0 Agenda
![](https://static.wixstatic.com/media/d515a3_dcbf6010a5f24a97b9dd22961535c82b~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/d515a3_dcbf6010a5f24a97b9dd22961535c82b~mv2.webp)
![MSME Council does not have the power to adjudicate the challenges to the maintainability of a reference at the conciliation stage](https://static.wixstatic.com/media/d515a3_dcbf6010a5f24a97b9dd22961535c82b~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_dcbf6010a5f24a97b9dd22961535c82b~mv2.webp)
- Mar 23
- 2 min
MSME Council does not have the power to adjudicate the challenges to the maintainability of a reference at the conciliation stage
![](https://static.wixstatic.com/media/d515a3_63b77778a10e48b1ae6c01dcf466a4d9~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/d515a3_63b77778a10e48b1ae6c01dcf466a4d9~mv2.webp)
![Third-Party Cannot Be Held Liable Under A Contract Unless They Are A Direct Party To It](https://static.wixstatic.com/media/d515a3_63b77778a10e48b1ae6c01dcf466a4d9~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_63b77778a10e48b1ae6c01dcf466a4d9~mv2.webp)
- Mar 23
- 3 min
Third-Party Cannot Be Held Liable Under A Contract Unless They Are A Direct Party To It
![Bank is Entitled to Proceed under the SARFAESI Act for the Recovery of Loan, as the Liability of the Guarantor is Joint and Several with the Principal Debtor](https://static.wixstatic.com/media/d515a3_f4ac4d7b133149e9b7279d836b198a5b~mv2.png/v1/fill/w_209,h_209,fp_0.50_0.50,q_95,enc_auto/d515a3_f4ac4d7b133149e9b7279d836b198a5b~mv2.webp)
- Mar 22
- 2 min
Bank is Entitled to Proceed under the SARFAESI Act for the Recovery of Loan, as the Liability of the Guarantor is Joint and Several with the Principal Debtor
![](https://static.wixstatic.com/media/d515a3_f14718b5c1454764bd4eae3cf6b04743~mv2.jpg/v1/fill/w_242,h_242,fp_0.50_0.50,lg_1,q_30,blur_30,enc_auto/d515a3_f14718b5c1454764bd4eae3cf6b04743~mv2.webp)
![MoU and Ledger Statements of the Corporate Debtor are Insufficient Proof to Accept the Claim as a Financial Debt](https://static.wixstatic.com/media/d515a3_f14718b5c1454764bd4eae3cf6b04743~mv2.jpg/v1/fill/w_209,h_173,fp_0.50_0.50,q_90,enc_auto/d515a3_f14718b5c1454764bd4eae3cf6b04743~mv2.webp)
- Mar 21
- 2 min
MoU and Ledger Statements of the Corporate Debtor are Insufficient Proof to Accept the Claim as a Financial Debt
![Writ Petition before the High Court challenging a sale notice issued by a secured creditor under the SARFAESI Act is not maintainable](https://static.wixstatic.com/media/d515a3_f4ac4d7b133149e9b7279d836b198a5b~mv2.png/v1/fill/w_209,h_209,fp_0.50_0.50,q_95,enc_auto/d515a3_f4ac4d7b133149e9b7279d836b198a5b~mv2.webp)
- Mar 21
- 2 min
Writ Petition before the High Court challenging a sale notice issued by a secured creditor under the SARFAESI Act is not maintainable