Section 29A in practice: SC, NCLAT & NCLT’s approach to ineligibility in CIRP
Section 29A of the Insolvency and Bankruptcy Code, introduced in 2017, bars defaulting promoters, wilful defaulters and other tainted persons...
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How will the role of insolvency professionals evolve in future
Despite its flaws, Insolvency and Bankruptcy Code (IBC) has made its mark and brought about sea changes in the creditor...
Delay in filing appeal under Section 42 of IBC can’t be condoned Suo Moto
Saurabh Gandhi Section 42 of the IBC states that a creditor may appeal to the Adjudicating Authority against the decision...
Liquidation a legitimate means of resolution under IBC: MS Sahoo
Former chairman of Insolvency and Bankruptcy Board of India (IBBI) MS Sahoo has said that liquidation of a corporate debtor...
My learnings from dealing with insolvency cases
Rohil Malhan, a young, aspiring restructuring and insolvency professional shares his learnings from dealing with insolvency cases. The learning experience...
Scourge of being identified as wilful defaulter, and the remedies
Being identified as a wilful defaulter has serious consequences for the borrower, both tangible and intangible. Ami Jain (in pic),...
Are non-serious bidders delaying insolvency resolution process?
When on looks at the list of prospective resolution applicants in several corporate insolvency resolution cases, one wonders why so...
Commercial wisdom of CoC in approval or rejection of Resolution Plan
The Insolvency & Bankruptcy Code, 2016 (IBC/ Code) is creditor driven insolvency regime. Under the code there has been a...
IBBI Regulations carry a statutory flavour and are binding on the NCLT: MS Sahoo
Former Insolvency and Bankruptcy Board of India (IBBI) Chairperson MS Sahoo (in pic) shares his views on legal sanctity of...
Is Adjudicating Authority bound by recommendations of resolution professional?
Khushboo Sai Khurana Is Adjudicating Authority bound by the recommendations of Resolution Professional (RP) made under section 99 of IBC,...