Jul 6, 20232 minRegulation 39(1A) of CIRP Regulations does not prohibit the CoC from negotiating the Resolution PlanThe National Company Law Appellate Tribunal (NCLAT), Chennai Bench comprising Justice M. Venugopal, Judicial Member and Ms. Shreesha...
Jul 5, 20233 minThe AA Overstepped by Ordering a Revised Resolution Plan After the Challenge Process had EndedThe National Company Law Appellate Tribunal (NCLAT), New Delhi Bench comprising Justice Ashok Bhushan, Chairperson and Barun Mitra,...
Jun 17, 20233 minJurisdiction of NCLT is limited to matters directly related to the insolvency of a corporate debtorThe Bench of Justice M. Nagaprasanna, Karnataka High Court was hearing a petition on insolvency law and held that the National Company...
Jun 17, 20232 minCentral Govt. notifies exemptions to specific transactions, arrangements & agreements under IBC 2016The Ministry of Corporate Affairs has issued a notification granting exemptions to specific transactions, arrangements, and agreements...
Jun 17, 20232 minThe Insolvency Professionals to Act as IRPs, Liquidators, RPs & BTs (Recommendation) Guidelines 2023In a significant move to streamline the appointment process of Insolvency Professionals (IPs), the Insolvency and Bankruptcy Board of...