Insolvency | Banking | Corporate Laws
Insolvency | Banking | Corporate Laws
Recent updates:
- Time extension under Regulation 44(2) of Liquidation Process Regulations, 2016 – Mr. Manish S Buchasia, Liquidator of Skyline Capital Pvt. Ltd. – NCLT Mumbai Bench July 26, 2021
- Single allotee’s application filed prior to amendment by the Insolvency and Bankruptcy Code (Amendment) Act, 2020, w.e.f. 28.12.2019 cannot be rejected – Mr. Srinivas Manthena Vs. M/S. Emaar Hills Township private Limited – NCLT Hyderabad Bench July 26, 2021
- Even though there is debt and default in the present matter on the part of the Corporate Debtor, AA is not the correct forum for the petitioner to recover the amount from the Corporate Debtor when the company is completely solvent – Pratiksh Pramod Rai Vs. Mylaw Learning Resources Pvt. Ltd. – NCLT Mumbai Bench July 26, 2021
- The properties of the corporate debtor, which include the accounts lying at credit in the bank accounts of the corporate debtor, should be available to the Resolution Professional to keep it as a going concern – Ram Ratan Modi (RP of Duncans Industries Limited) Vs. State Bank of India – NCLT Kolkata Bench July 26, 2021
- Landmark Judgements of IBC of The Year 2021 – By Ms. Shalmoli Ghosh July 26, 2021
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All about Indian Insolvency Laws
A web-based resource is available to assist the professionals practicing in the area of insolvency and bankruptcy, company liquidation, merger & acquisition, valuation etc. to provide up2date information such amended laws and regulations, NCLTs, NCLAT, High Courts, Supreme Court judgments, IBBI’s & MCA’s circulars & Notifications, articles, guide and a platform where they can share his ideas and discuss about the subject matter.
Insolvency & Bankruptcy Code, 2016
Legal database of Insolvency & Bankruptcy Code, 2016. NCLT, NCLAT, High Courts, Supreme Court Case Laws with brief about the decision, current status of case, IBC Commentary, amended Bare act, notifications, circulars, section wise, subject wise case laws. Special designd search & filter for IBC Cases.
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“IBC Laws has become synonymous with the practice of IBC. The speed and accuracy with which it puts up the judgments and also hosts articles on topics and issues is indeed commendable. The journey towards achieving something is never easy! The path chosen by IBC Laws is arduous. It is fraught with competition and challenges and what will keep it going and perhaps also set it apart is, in my opinion, when it competes with itself! And each day, with proper planning and vision to implement, it emerges out to be better and better. Someone has rightly said that even the best can become better. Wishing the vibrant team, all good luck! Keep walking!”
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“IBC Laws is what I turn to for IBC research, and case law search. It is aptly described as “All about Indian Insolvency Laws, All at One Place”. Not only is it extremely user friendly, but is also very comprehensive with its rich compilation of case law, articles, statutes, rules, regulations, notifications, etc. It is my most trusted tool for the latest Supreme Court and NCLAT judgments on insolvency; & I always manage to find what I am looking for, through IBC Laws.”
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“IBC Laws is the go-to source for everything relating to the Indian Insolvency and Bankruptcy ecosystem. I am particularly happy to note the efficiency and the lighting speed with which it updates case laws from all forums, as well as various legislative businesses relating to the subject. I am delighted to read insightful and piercing pieces on various aspects of insolvency laws in the articles section. Further, the design of the website itself is simple and clutter-free. The subscription plans are affordable with dynamic dashboards. IBC Laws has in a short time made itself indispensable for IBC community. I wish them all the best.”
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“An encyclopedia of the Insolvency and Bankruptcy Code, 2016, which provides a comprehensive, detailed examination and case laws of all the facets of allied laws. I strongly recommend IBC Laws for one stop complete source of information.”
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“IBC Laws is perfect encyclopedia for Insolvency Code and has helped me remain abreast with latest developments.”
Hon’ble Prime Minister of India
“Towards this end, we have initiated far-reaching legal reforms. Over a thousand archaic laws have been scrapped. We have enacted a comprehensive Insolvency and Bankruptcy Code, 2016, implemented the National Company Law Tribunals….
Further, in harmony with the Bankruptcy Code, we have amended the SARFAESI and DRT Acts this year to suit the changing credit landscape and augment ease of doing business.”
Quotes!
“Breach of promise is no less an act of insolvency than a refusal to pay one’s debt.”
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