
The voluntary mediation route for OCs is likely to significantly cut down the workload on NCLTs, and thereby speed up…
As per the proposal, the monitoring committee shall consist of members who have a direct stake in the successful implementation…
To facilitate the closure of the in such cases, the IBBI had opened a corporate liquidation account to deposit such…
The Delhi High Court’s recent direction to the Insolvency and Bankruptcy Board of India (IBBI) to frame a code of…
Under IBC, once an application for initiation of CIRP is filed in the National Company Law Tribunal (NCLT), the latter…
A committee had recommended the CLRP to be completed in a total of 165 days, which is much shorter than…
“Mediation, though not explicitly mandated by IBC, offers a flexible, cost-effective, and private means to resolve disputes within the insolvency…
The Insolvency and Bankruptcy Code’s lingering ambiguities must be urgently addressed to fully realise its transformative potential
While structural changes may take time, inconsistent interpretation and application of law by the NCLT is leading to a long…
“One reason could be the hesitancy on the part of the financial creditors (FCs) in approving the proposals under this…
The meeting also reviewed the working of the National Asset Reconstruction Company Limited (NARCL).
The title claims of landowners in respect of the subject property under a development agreement continue to subsist even after…
The apex court, while dismissing the petitioners’ plea, said Sections 95 to 100 of the IBC did not suffer from…
The list of exemptions would keep getting longer, weakening the moratorium rationale.
In the current financial year, the Insolvency and Bankruptcy Board of India feels that the total resolutions may touch 300…
The clutch of amendments proposed include the one seeking to extend the so-called pre-packaged scheme to larger firms and a…
Real estate cases have averaged about 18-20 in each quarter between October 2021 and December 2022.
It is important to note that resolutions under different frameworks yield different benefits.