Need to Keep and maintain records up to 8 YRs by Insolvency Professionals IBBI issued a circular No.: IBBI/CIRP/38/2021 dated… Read More
Limitation Period under IBC 2016 & SARFAESI Act, 2002 Limitation Period under IBC 2016 This application filed by Corporate Debtors… Read More
www.carajput.com; IBC after the Impact COVID-19 IBC Ordinance, 2020 after the Impact Covid-19: COVID Period Defaults cannot be triggered by… Read More
Penalties imposed Rs 34.22 Lakhs on RP by IBBI on breach of moratorium condition IBBI assigns Rs 34.22 a lakh… Read More
Elements of Avoidable Preferential Specified Transactions under IBC 2016 As per the 2016 Insolvency and Bankruptcy Code, Section 43 to… Read More
Crux-of-Topic Wise case laws Insolvency and bankruptcy law rulings of the supreme court high court, NCLAT, and NCLT Court ARBITRATION CLAUSE Hotel Guadvan (P.) Ltd. v. Alchemist Asset… Read More
Approved Resolution Plan is binding only on those parties involved in the resolution plan-Electrosteel Steels Limited Vs. The state… Read More
Dissident Financial Creditors and Equal Principle under IBC If the creditors eventually get the liquidated interest that is almost Zero… Read More
IBBI amends CIRP Regulation by relaxation timeline due to COVID-19 outbreak The press note on the lockout notification reads as follows: In order to solve this dilemma, the IBBI amended the CIRP Regulations to ensure that the lockout period enforced by the Central Government following the outbreak of COVID-19 is not to be counted for the purposes of the time-line for any operation that could not be completed as a consequence of the lock-down. IBBI amends the CIRP Regulations to include relaxation due to the COVID-19 outbreak… Read More
Why Pre-pack Insolvency Resolution Process is excellent for MSME borrowers. This Pre-packaged insolvency process, informal, hybrid, and debtor-driven pre-insolvency process,… Read More