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Tuesday | 27 July 2021
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FM introduces IBC (Amendment) Bill 2021 in Lok Sabha
26 July 2021
IBBI amends guidelines for ‘Technical Standards for Performance of Core Services and other Services’ under IBC norms
26 July 2021
NCLAT upheld AA’s order directing appellant to pay sum as security deposit towards e-auctioned property
26 July 2021
Corporate debtor which fell under category of MSME prior to 1-6-2020 was eligible to submit arrangement scheme
26 July 2021
Applicant-Bank can't file intervene plea before NCLAT if it isn’t a party to proceedings before NCLT: NCLAT
NCLAT refuses to stay resolution plan of ‘Piramal Capital Housing Finance Ltd’ for DHFL Ltd
MCA issues report of the insolvency law committee on pre-packaged insolvency resolution process
CIRP plea filed u/s 9 was to be admitted as operational creditor provide existence of debt and its default: NCLT
IBBI amends insolvency professionals norms; changes experience criteria, number of assignments capped to ten
IBBI amends the IBBI (Model Bye-Laws & Governing Board of Insolvency Professional Agencies) Regulations, 2016
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V.S. Datey
321 queries
Acknowledgement of delay in services by Operational creditor prior to issue of demand notice was a pre-existing dispute
NCLT orders dissolution of corporate debtor as it been completely liquidated and liquidator had filed Form H
Reality check of pending cases before NCLT- what are the necessary reforms
Validity of Ipso Facto Clauses in Indian Insolvency Regime: The Subsisting Ambiguity
Bank Guarantees: Recent Developments and Judicial Interpretation
'Form CIRP-8' to be filed for all CIRP ongoing or commencing on or after July 14, 2021: IBBI
New application for GST registration by Cos. undergoing CIRP couldn’t be rejected on ground of suo motu cancellation
NCLAT stays NCLT’s order that directed Videocon to make cash payment to its creditors instead of issuing NCDs
Directors providing a personal guarantee on loan taken by Co. can’t claim immunity u/s 14 of IBC on default
NCLT admits petition filed u/s 7 on existence of debt and its default in repayment by corporate debtor
AA can appoint another IRP if earlier IRP refused to accept appointment; can take action of contempt: NCLAT
NCLAT is free to regulate its procedure, including issuing directions for filing of submissions and judgments: HC
Corporate Debtor defaulted in payment to be regarded as wilful defaulter even after liability is absolved via CIRP
NCLT dismisses petition filed by operational creditor on existence of genuine dispute between parties
RPs to disclose any change in name/address of corporate debtor during 2 yrs before CIRP commencement date: IBBI
Resolution plan approved of by CoC with 100% voting and complying with requirements of IBC was to be approved: NCLT
Amount paid to corporate debtor as advance for marketing requirements can’t be considered a financial debt
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Liquidation of corporate debtor based on decision of related party financial creditors can’t be sustained
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