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...
Supreme Court
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...
‘It is time NCLT imposes heavy costs on petitioners filing frivolous cases to delay resolution process’
Tarun Gulati Senior Supreme Court lawyer Tarun Gulati, who is also an active practitioner in the insolvency and bankruptcy space,...
Let NCLT first decide if spectrum can be part of insolvency proceeding: SC
The Supreme Court of India has lobbed the ball in the court of the National Company Law Tribunal (NCLT) on...
Insolvency law cannot escape Limitation Act, says Supreme Court
In a big setback to the insolvency and bankruptcy code (IBC) in the country, the Supreme Court in a major...