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Asian Hotels (West)

For success of sale as Going Concern under liquidation, more process rationalisation needed

Satyam Poddar Sale of a corporate debtor as Going Concern under liquidation process is needs further rationalisation of the processes...

Reforms

Rights of operational creditors to seek judicial review of resolution plan before NCLT

By Pallavi Parmar The IBC Code has provided with different sets of creditors – while financial creditors are to predominantly...

Financial creditors

Confusion over treatment of margin money provided by corporate debtor for bank guarantee

By Arvind Mangla Following are the excerpts of various judgements of NCLT/NCLAT, on treatment of Margin Money provided by corporate...

Valuations

Valuations in the time of COVID-19 pandemic

By Dr SK Gupta The global spread of COVID-19 is having a significant impact on the global economy and financial...

Resolution professional

Why approval of fees of a professional is not treated as commercial wisdom of CoC

By Arvind Mangla In a recent judgement the Supreme Court of India in Alok Kaushik Vs  Bhuvaneshwari Ramanathan and Others...

Determining the Fair market value of asset

First step to efficient asset recovery: Adopting correct method for establishing fair market Value

By Sharad Sharma An asset recovery professional has an exciting routine. He may have a regular job yet he is...

63 Moons to challenge NCLT's DHFL order

IBC passes another test of constitutionality as SC upholds IBC Amendments Act 2020

By Megha Mittal and Ishika Basu In view of the rising need to fill critical gaps in the corporate insolvency...

A Going Concern

Why going concern status of corporate debtor important for resolution under IBC

By Archit Gupta & Vrinda Rehan A business takes capitals from different players in the market including banks, shareholders, investors,...

New Scheme of Education

Broad contours of the proposed structure of pre-packs scheme in India

Dr SK Gupta and Jay Kothari The Union Government has been considering the introduction of pre-packs in India since 2019....