CIRP Under Section 7 Of IBC Can Be Initiated Against An Auction Purchaser In Proceedings Under The SARFAESI Act
![](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)
![CIRP Under Section 7 Of IBC Can Be Initiated Against An Auction Purchaser In Proceedings Under The SARFAESI Act](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)
![Once A Resolution Plan Is Approved By The CoC, It Cannot Be Withdrawn Or Modified By The Resolution Applicant](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 28
- 2 min
Once A Resolution Plan Is Approved By The CoC, It Cannot Be Withdrawn Or Modified By The Resolution Applicant
![Upholding Judicial Integrity: Lawyers Unite Against Attempts to Undermine Judiciary](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 28
- 2 min
Upholding Judicial Integrity: Lawyers Unite Against Attempts to Undermine Judiciary
![](https://static.wixstatic.com/media/d515a3_b79ee9cc47c64a6787159b8f94b7afbb~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,lg_1,q_30,blur_30,enc_auto/d515a3_b79ee9cc47c64a6787159b8f94b7afbb~mv2.webp)
![Statutory Arbitration Conducted By The Facilitation Council Under the MSME Development Act Cannot Supersede The Arbitration Agreement](https://static.wixstatic.com/media/d515a3_b79ee9cc47c64a6787159b8f94b7afbb~mv2.jpg/v1/fill/w_209,h_183,fp_0.50_0.50,q_90,enc_auto/d515a3_b79ee9cc47c64a6787159b8f94b7afbb~mv2.webp)
- Mar 28
- 2 min
Statutory Arbitration Conducted By The Facilitation Council Under the MSME Development Act Cannot Supersede The Arbitration Agreement
![](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)
![The Appellants, In Their Capacity As Promoters And Shareholders, Are Deemed To Lack The Requisite Standing To Contest The Liquidation Order](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 27
- 2 min
The Appellants, In Their Capacity As Promoters And Shareholders, Are Deemed To Lack The Requisite Standing To Contest The Liquidation Order
![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)
- Mar 26
- 2 min
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_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