Bombay HC erred by not questioning fairness of the decision to write off Yes Bank AT1 bonds
Two young scholars -- Harsh Vardhan & Bhargavi Zaveri Shah – question the Bombay High Court’s decision not to question...
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Global Insolvency Practice Course 2022-23 starts with enrolment by 28 Feb 2023
The Global Insolvency Practice Programme for 2022/23 starts with enrolment by 28 February 2023 (enrolments opened on 15 July 2022,...
SARFAESI: Uncertain landscape for auction purchasers & asymmetric information
Presently lenders have SARFAESI as one of the main recovery channels. Govt inserted Section 26E “Notwithstanding anything, debts of secured...
NCLAT nixes attempts of Shyam Sel and Power to revise resolution plan for Mittal Corp
In a case that appears to be like that of the Reliance Capital corporate insolvency resolution plan (CIRP), the National...
3-day online course on Evolving Paradigms of Insolvency and Bankruptcy Code, 2016 by NLU, Jodhpur
The Centre for Insolvency and Bankruptcy Studies, National Law University Jodhpur, is organising a Three-Day Online Certificate Course on ‘Evolving...
Doubts lenders of Jet Airways have about Kalrock consortium’s revival plans
The implementation of resolution plan for Jet Airways was being delayed by the Monitoring Committee, which comprises lenders and the...
Why NCLT allowed new promoters take control of Jet Airways despite objections
Brushing aside doubts of Monitoring Committee and financial creditors, the Mumbai bench of the National Company Law Tribunal (NCLT) has...
How Hindalco busted stage-managed insolvency resolution process of Hirakund Industrial Works
The National Company Law Appellate Tribunal (NCLAT) on the petition filed by Hindalco Industries busted a ‘stage-managed’ corporate insolvency resolution...
Reliance Capital lenders plan another round of auction; target more than Rs 10,000 bid price
The battle between Torrent and Hinduja group for the acquisition of Reliance Capital has taken a new turn as the...
Major IBC related regulatory changes in 2022
The year 2022 saw many important regulatory changes/amendments in the Insolvency and Bankruptcy Code in order to make it more...