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Sep 23, 20241 min read
IBBI Announces Results of the 5th National Online Quiz on Insolvency and Bankruptcy Code, 2016
The Insolvency and Bankruptcy Board of India (IBBI) announced the results of the 5th National Online Quiz on the Insolvency and...
Sep 8, 20241 min read
Government Announces Recruitment for Recovery Officers Across Debts Recovery Tribunals in Multiple Locations
The Ministry of Finance, Department of Financial Services, has announced a recruitment drive for the position of Recovery Officer in...
Sep 1, 20242 min read
NCLAT Upholds Replacement of Resolution Professional in Personal Insolvency Proceedings Following IBBI Suspension
The NCLAT upholds the replacement of the Resolution Professional in personal insolvency proceedings following the suspension by the IBBI....
Aug 31, 20243 min read
High Court Dismisses Contempt Petition, Finding No Willful Disobedience in Context of Insolvency and Arbitration Compliance
The High Court dismissed the contempt petition, finding no willful disobedience in the context of compliance with insolvency and...
Aug 29, 20242 min read
Bank Cannot Proceed with SARFAESI Act Enforcement Against Personal Guarantors During Interim Moratorium Under the Insolvency and Bankruptcy Code
NCLAT held that the bank could not proceed with the enforcement of the SARFAESI Act against personal guarantors during the interim...
Aug 29, 20242 min read
High Court Overrules Lookout Circular (LOC) for Loan Default: Reinforces Fundamental Right to Travel
The High Court overruled the Lookout Circular issued due to loan default, reinforcing the fundamental right to travel. The Delhi High...
Aug 28, 20241 min read
IBBI Invites EoI from Institutions to Develop a Post Graduate Insolvency Programme (PGIP) Aimed at Cultivating Highly Qualified Insolvency Resolution Experts
The Insolvency and Bankruptcy Board of India (IBBI) is seeking Expressions of Interest (EoI) from eligible institutions to conduct the...
Aug 25, 20242 min read
SARFAESI Proceedings Cannot Continue Post-Moratorium Under IBC if Sale Stage Not Reached
High Court held that the SARFAESI proceedings cannot continue post-moratorium under IBC if the sale Stage is not reached. The Delhi High...
Aug 23, 20243 min read
IBBI Invites Public Comments on Proposed Amendments to MSME Registration and Disclosure Framework under CIRP
The IBBI invites public comments on the proposed amendments to the MSME registration and disclosure framework under the CIRP. The...
Aug 23, 20243 min read
IBC provisions prevail over the SARFAESI Act, and the interim moratorium under Section 96 affects SARFAESI proceedings initiated post-moratorium
High Court held that IBC provisions prevail over the SARFAESI Act and that the interim moratorium under Section 96 affects SARFAESI...
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