JSA | Global Insolvency

NCLAT: Adjudicating Authority can extend payment timelines in a resolution plan without the concurrence of the CoC

17 April 2024

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India

Supreme Court interprets Regulation 39(1A) of the CIRP Regulations to hold that prior modification/ amendment of resolution plans received does not bar the committee of creditors from taking recourse to a challenge mechanism to enable resolution applicants to improve/ better their plans

11 September 2023

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India

‘Operational Debt’ cannot be converted into ‘Financial Debt’ through an agreement

11 September 2023

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India

Termination of related party agreements during a CIRP

11 September 2023

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India

Does the IBC recognize inter-se ranking of charges among financial creditors for the distribution of sale proceeds during liquidation?

11 September 2023

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India

Committee of creditors can allow submission of resolution plans through the challenge processc

04 August 2023

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India

Section 9 of the IBC cannot be invoked to execute an arbitral award during the pendency of an 'appeal' under Section 34 of the Arbitration Act

25 July 2023

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India

Bombay High Court holds that mere pendency of a Section 7 application under IBC does not bar appointment of an arbitrator under Section 11 of the Arbitration Act

07 July 2023

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India

Supreme Court holds that revised resolution plan cannot be approved by the Adjudicating Authority without being placed before the Committee of Creditors

26 May 2023

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India

A rehabilitation scheme sanctioned under Sick Industrial Companies Act, 1985 binds all creditors: Supreme Court

18 May 2023

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India