Insolvency and Bankruptcy Code

The apex court’s recent verdict on the grounded Indian carrier has raised significant concerns about the efficacy of the Insolvency and Bankruptcy Code in resolving disputes within a reasonable timeframe. After a five-year-long legal battle, the airline has finally been liquidated, leaving stakeholders wondering if the government will rise to the challenge of reforming the IBC

The Supreme Court has up...

As commercial disputes gain currency and companies feel the stress of non-performing assets(, will a better synthesis of insolvency and arbitral laws make the resolution process more comprehensive? RAJSHRI RAI, editor-in-chief of APN channel, spoke to SANTOSH SHUKLA, executive director, Insolvency and Bankruptcy Board of India, and DR SUBIR BIKAS MITRA, advisor (Law), GAIL India Ltd, in this regard

Delhi High Court judge, ...

The Supreme Court has cl...

Supreme Court Judge, Justice Sanjay Kishan Kaul has said that Insolvency and Bankruptcy Code shifted India’s insolvency regime from the ‘debtor-in-possession’ to ‘creditor-in-control'

The Supreme Court ruled ...

The National Company Law...

Supreme Court bench heard the two connected appeals of NOIDA against the judgment of the National Company Law Appellate Tribunal (NCLAT) and held that NOIDA is not a financial creditor but an operational creditor under the IBC

The National Company Law...