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    Bombay High Court affirms jurisdiction of NCLT to direct ED to release the attached properties after approval of resolution plan

    07 May 2024

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    Supreme Court: The classification of “financial debt” and “operational debt” under IBC can only be determined upon ascertaining the real nature of the transaction.

    30 May 2024

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    India
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    Bombay High Court affirms jurisdiction of NCLT to direct ED to release the attached properties after approval of resolution plan

    30 May 2024

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    India
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    NCLAT: Creditors of erstwhile developer can initiate CIRP against the successful auction purchaser and such initiation does not preclude them from filing claims in the CIRP of the current developer

    17 April 2024

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

    17 April 2024

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

    11 September 2023

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    Termination of related party agreements during a CIRP

    11 September 2023

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

    04 August 2023

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    India
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