Ongoing winding-up proceedings not a deterrent against filing insolvency petitions: Supreme Court
Insolvency application either under Section 7 or Section 9 of the Insolvency and Bankruptcy Code is an independent proceeding which...
Section 7 of IBC
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...
Key takeaways from Supreme Court judgement upholding amendments in Section 7, 11 and 32A
The Insolvency and Bankruptcy Code (Amendment) Act, 2020, among others, inserted three provisos to section 7(1), an additional explanation tosection...
SC upholds minimum homebuyers threshold for filing insolvency petition against real estate projects
Homebuyers have lost an important legal battle against the imposition of threshold of a minimum number of allottees for initiation...