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Claims Filed Long After CoC Approval: The NCLAT’s Approach to Late Claims During CIRP in the D.S. Kulkarni Proceedings
A resolution plan is priced on the claims placed before the committee of creditors (“CoC”). Late claims in CIRP, particularly those raised long after the CoC has approv
Does a Dissenting Secured Creditor Get the Value of Its Security under the IBC? The Unresolved Question and the 2026 Answer
Secured lenders do not all hold the same security. One may have an exclusive first charge over a valuable asset, while another may have a residual charge over the same estate. When
Judicial Intervention vis-à-vis Government Tender Process
Introduction The Indian government, at both the central and state levels, is authorized by law and constitution to solicit private companies for commercial activities by means of a
RERA Orders Passed During a Moratorium: What the NCLAT Decided in the Raghuleela Builders Case
A buyer who has paid in full for a unit that was never delivered has an obvious grievance. If the developer is admitted into insolvency while the buyer’s RERA appeal is pendi
Does the IBBI Lose Disciplinary Jurisdiction Once an Insolvency Professional Becomes a Liquidator? The Madras High Court’s Answer
An insolvency professional who is appointed resolution professional, and who is later appointed liquidator by the same tribunal, may feel that he has moved from one statutory world
When Assets Surface Mid-CIRP: Why the NCLAT Ordered a Fresh Form G in Masatya Technologies
A resolution plan is a bid for a defined pool of assets. Bidders price what the information memorandum discloses. If assets of significant value are added to that pool after bids h
Is a Profit-Sharing Investment a Financial Debt under the IBC? Joint Ventures, Section 5(8) and the Realpro Realty Decision
Two parties pool money to develop a property. One puts in seventy-five per cent, the other twenty-five. They share costs, profits and losses in the same ratio. The document calls t
Suspension, VRS and Probation: CCS Rules 1965 Employment Guide
A Deep Dive into the Legal Framework Governing Employee Relations in India Introduction Employment law in India operates within a complex framework that balances the rights and obl
A SARFAESI Auction That Closed Before the Moratorium: What Haldiram Incorporation Actually Decided
A bank enforces its security under the SARFAESI Act, sells the mortgaged property at auction, and issues a sale certificate. Days later, the borrower is admitted into insolvency an
SP Gupta vs Union of India 1981: First Judges Case
A Detailed Analysis of the Case that Shaped the Indian Judiciary Introduction The landmark judgment in S.P. Gupta vs Union of India, decided on 30th December 1981 [1], stands as on
