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Bankruptcy

Case BriefsSupreme Court

Any creditor including Central/State Government or any local authority bound by Resolution Plan approved by adjudicating authority under Section 31(1) IBC: Supreme Court

“On the date of approval of resolution plan by the Adjudicating Authority, all such claims, which are not a part of resolution plan, shall stand extinguished. “

Published on April 15, 2021April 16, 2021By Prachi Bhardwaj
Leave a comment5293 views
Case BriefsSupreme Court

Application under S. 7 or S. 9 IBC is an independent proceeding unaffected by winding up proceedings that may be filed qua the same company; Supreme Court  

Supreme Court: The Division Bench of Rohinton Fali Nariman* and B.R. Gavai, JJ., addressed the instant appeal involving the question that whether

Published on April 1, 2021April 2, 2021By Editor_4
Leave a comment6850 views
Case BriefsSupreme Court

Bar under Section 10A IBC on initiation of CIRP applies retrospectively; ‘March 25, 2020’ consciously added as it coincides with the imposition of National Lockdown: SC

“The onset of the Covid-19 pandemic is a cataclysmic event which has serious repercussions on the financial health of corporate enterprises.”

Published on February 9, 2021February 12, 2021By Prachi Bhardwaj
2 Comments8581 views
Op EdsOP. ED.

Analysis of the Bilateral Netting of Qualified Financial Contracts Act, 2020

by Bhavya Gupta†

Published on February 6, 2021February 6, 2021By Bhumika Indulia
1 Comment5065 views
New releasesNews

An Overview of the Panel Discussion on”4 Years of IBC – The Revolution Witnessed and the Promise for Future” [Watch the Panel Discussion]

A panel discussion on  “4 Years of IBC – The Revolution Witnessed and the Promise for Future” was held on 12th December,

Published on December 22, 2020By Editor_4
Leave a comment4326 views
Legislation UpdatesRules & Regulations

IBBI notifies: Insolvency and Bankruptcy Board of India (Use of Caveats, Limitations, and Disclaimers in Valuation Reports) Guidelines, 2020

Insolvency and Bankruptcy Board of India releases the Insolvency and Bankruptcy Board of India (Use of Caveats, Limitations, and Disclaimers in Valuation

Published on September 2, 2020September 2, 2020By Bhumika Indulia
Leave a comment3322 views
Case BriefsTribunals/Commissions/Regulatory Bodies

NCLAT upholds NCLT Judgment allowing liquidator to sell company’s assets attached by ED

National Company Law Appellate Tribunal (NCLAT): A Bench comprising of Justice S.J. Mukhopadhaya (Chairperson) and Justice B.L. Bhat (Judicial member) rejected an

Published on July 29, 2020July 29, 2020By Editor_4
Leave a comment5122 views
Case BriefsSupreme Court

Lending Banks of Jaypraksah Associates not ‘financial creditors’; SC directs return of mortgaged land to JIL

Supreme Court: The bench of AM Khanwilkar and Dinesh Maheshwari, JJ has restored the NCLT order wherein it was held that the

Published on February 28, 2020February 28, 2020By Prachi Bhardwaj
Leave a comment4183 views
Law School NewsOthers

GNLU | Essay Competition, 2019 on Insolvency and Bankruptcy

Reported by Hrithik Khurana

Published on February 12, 2019February 11, 2019By Bhumika Indulia
Leave a comment2909 views
AchievementsLaw School News

GNLU wins 2nd NLU Delhi Insolvency and Bankruptcy Moot Court Competition, 2018

Reported by Hrithik Khurana

Published on December 4, 2018December 3, 2018By Bhumika Indulia
1 Comment7863 views
Law School NewsMoot Court Achievements & Reports

NLUD | Insolvency and Bankruptcy Moot Court Competition [November 15-17, 2018]

Reported by Shruti Srivastava

Published on December 3, 2018December 2, 2018By Bhumika Indulia
Leave a comment3861 views
Case BriefsForeign Courts

A bankrupt person’s cryptocurrency can be included in the debtor’s bankruptcy estate

Ninth Arbitration Court of Appeals: In a landmark decision, the Ninth Arbitration Court of Appeals of Russia has held that a bankrupt

Published on May 10, 2018By Saba
Leave a comment2654 views
Hot Off The PressNews

Jaypee Group Directors/Promoters restrained from selling personal properties; Asked to submit Rs. 275 Crores by Dec 31

Supreme Court: The 3-judge bench of Dipak Misra, CJ and AM Khanwilkar and Dr. DY Chandrachud, JJ directed 13 directors including 5

Published on November 22, 2017November 22, 2017By Prachi Bhardwaj
Leave a comment3520 views
Legislation UpdatesStatutes/Bills/Ordinances

Insolvency and Bankruptcy Code, 2016 receives President’s assent

The Insolvency and Bankruptcy Code, 2016 (“Code”) received President’s assent on May 28th, 2016. The Code, seeks to consolidate  and amend the

Published on May 30, 2016August 20, 2016By Sucheta
Leave a comment5632 views

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