n a significant move, the Insolvency and Bankruptcy Board of India (IBBI) has tightened norms governing resolution professionals wherein restrictions will also be in place for their
Bankruptcy law: View: India’s proposals to amend bankruptcy law are bold and necessary—Economic Times
by Andy Mukherjee At last, India’s in-court bankruptcies will show some urgency and common sense. On Wednesday, the government said it would amend the 2016 insolvency law,
Business failures should not be looked down upon: Nirmala Sitharaman – The Economic Times
Reacting to the death of Cafe Coffee Day founder V G Siddhartha, Finance Minister Nirmala Sitharaman on Thursday said business failures in the country should not be tabooed, or looked
ET View: Welcome tweaks in the bankruptcy code – The Economic Times
The IBC is a transformational reform, which sends a message to large borrowers they cannot turn the other way when they do not repay their
Must Concentrate
Section 080 to 093–Fresh Start Process Section 094 to 120–Insolvency Resolution Process Section 121 to 148–Bankruptcy order for individuals–partnership firms Section 155 to 178–Administration and
Focused
Summary Sept 2019
SC-HC
SC-HC-NCLAT-NCLT
Bankruptcy order –S 121 to 145
Section 094 to 120–Insolvency Resolution Process
Fresh Start Process
Section 080 to 093–Fresh Start Process
28th August
Guessed Questions
National Company Law Tribunal: NCLAT dismisses HDFC’s insolvency plea against RHC Holding – The Economic Times
The National Company Law Appellate Tribunal (NCLAT) Wednesday dismissed a petition by HDFC to initiate insolvency proceedings against RHC Holding, an entity promoted by billionaire brothers Malvinder Mohan Singh and
JSW Steel seeks immunity from litigation against Bhushan Power – The Economic Times
JSW Steel has sought immunity from future litigations against Bhushan Power & Steel for any illegal activity under the previous management amid reports of alleged
3 of the 7 IBC amendments credit positive for banks: Report – The Economic Times
The report said the NCLAT ruling could have had material implications for recoveries by banks, pointing out that Essar is the largest NPA being tackled
Essar insolvency case: SC orders status quo in Essar insolvency case–Economic Times
The Supreme Court on Monday ordered that status quo be maintained for now on the proposed sale of ailing Essar SteelNSE 0.00 % to Arcelor-Mittal till the court examined
Jet Airways: Dutch bankruptcy administrator moves NCLAT on Jet Airways matter–Economic Times
Dutch bankruptcy administrator Friday moved the National company Law Appellate Tribunal (NCLAT) on the Jet AirwaysNSE -4.01 % matter, which has agreed to hear the case here. A three-member NCLAT
NCLT gives Hotel Leelaventure two months to comply with new Sebi directives – The Economic Times
Hotel Leelaventure Thursday got two months time from NCLT to comply with the latest Sebi directives asking the hospitality company to make additional disclosures to shareholders to proceed with its
Companies Bill aims to cut NCLT load, tighten CSR compliance – The Economic Times
The government introduced the Companies (Amendment) Bill, 2019, in the Lok Sabha on Thursday, which seeks to tighten corporate social responsibility compliance and reduce the load of
Will pay creditors entire outstanding amount; complete pending projects in 3 years: Jaypee Infra – The Economic Times
Promoters of debt-ridden Jaypee Infratech on Monday proposed before the NCLAT that they will pay creditors entire outstanding amount without any hair cut and complete pending projects within three
ministry of corporate affairs: NCLT allows the Ministry of Corporate Affairs plea to implead 22 more parties – The Economic Times
The Mumbai bench of the National Company Law Tribunal (NCLT) has allowed the petition of the Ministry of Corporate Affairs (MCA) to implead 22 more parties as accused in
IL&FS gets approval for sale of wind projects to Orix Corp – The Economic Times
Cash strapped Infrastructure Leasing and Financial Services (IL&FS) Monday said it has received approval from NCLAT appointed Justice (Retd) D K Jain for the proposed
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