MSME CIBIL Score Upgradation After Insolvency: Insolvency Law, Credit Reporting Disputes, and MSME Remediation Under IBC
Executive Summary The modern Indian financial ecosystem operates on a dual-axis framework: the regulatory rigidity of banking norms and the restorative flexibility of insolvency la
Actual Control of Assets by IRP Under IBC: No Concept of Symbolic Possession
Introduction The Insolvency and Bankruptcy Code, 2016 (IBC) represents a watershed moment in India’s insolvency regime, fundamentally transforming how corporate distress is m
Post-Notice Disputes as Pre-Existing Disputes Under IBC: A Legal Analysis
Introduction The Insolvency and Bankruptcy Code, 2016 (IBC), provides a structured mechanism for resolving insolvency disputes, particularly through the Corporate Insolvency Resolu
Can Income Tax Dept. Set-Off or Realize Secured Assets During Interregnum Period, Expiry of CIRP Period, and Initiation of Liquidation?
Introduction In a significant judgment, the National Company Law Appellate Tribunal (NCLAT) addressed the issue of whether the Income Tax Department can set-off tax dues with refun
Dream11’s Parent Company Insolvency Plea: NCLAT Reserves Judgment
Introduction The National Company Law Appellate Tribunal (NCLAT) has kept its judgment pending regarding a plea filed by Bhavit Sheth, the co-founder and COO of Dream11, challengin
Unsecured Creditors Empowered: Rights and Remedies Under the Insolvency & Bankruptcy Code
Introduction Within the complex realm of business transactions, unsecured creditors frequently encounter a dangerous predicament when a debtor declares insolvency. This predicament
Landmark Supreme Court Judgment on Set-off under IBC
Introduction The Supreme Court recently delivered a landmark judgment on the principle of insolvency set-off under the IBC. The case is referred to as Bharti Airtel Ltd and Another
Dissenting Financial Creditors under IBC: A Matter for Larger Bench Consideration
Introduction The Insolvency and Bankruptcy Code (IBC) has been a subject of intense legal scrutiny and interpretation in recent years. One of the most contentious issues pertains t
Navigating Real Estate and Insolvency Laws: A Deep Dive into Mysore Petro Chemicals Ltd. vs. Mrs. Vandana Garg, RP of Raghuleela Builders Pvt. Ltd.
I. The Case in Context The Applicant, having purchased an office unit in the Corporate Debtor’s project “ONE BKC” in Bandra, Mumbai, found themselves embroiled in a legal dis
Asset Revaluation and Resolution Procedures in Insolvency Cases: A Detailed Examination
The NCLAT Ruling in “Masatya Technologies Pvt. Ltd. v. Amit Agarwal & Anr.” Introduction In the realm of insolvency law, the National Company Law Appellate Tribunal’s (NC
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