Insolvency and Bankruptcy Law Archives

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Group Insolvency under IBC – Emerging Framework and 2026 Developments

1. Introduction While the IBC does not yet codify a comprehensive group insolvency regime, the 2026 Amendment strengthens the functional groundwork

Creditor-Initiated Insolvency Resolution Process (CIIRP) under IBC, 2026

1. Introduction The Insolvency and Bankruptcy Code (Amendment) Act, 2026 introduces a significant structural reform by inserting Chapter IV-A, establishing the

Supreme Court Clarifies: ‘Pre-Existing Dispute’ Doctrine Has No Application to Section 7 IBC Petitions

Introduction In a significant decision reinforcing the structural distinction under the Insolvency and Bankruptcy Code, 2016 (IBC), the Supreme Court has

Judicial Discipline Cannot Shield Tardy Litigants: Supreme Court Restores CIRP in High-Stakes Economic Dispute

Introduction In a significant ruling with far-reaching economic implications, the Supreme Court in Omkara Assets Reconstruction Pvt. Ltd. v. Amit Chaturvedi

NCLAT has no power to condone delay beyond 45 days under IBC

The IBC prescribes strict timelines for filing appeals and taking legal action so as to ensure that insolvency proceedings are not misused to

Bhushan Power and Steel Insolvency case ends up in Liquidation: Part-5

Having thoroughly examined the entire matter factually and legally, Supreme Court arrived at the following irresistible conclusions: – Conclusions of the

Bhushan Power and Steel Insolvency case ends up in Liquidation: Part-4

Having regard to the elaborate submissions made by the learned Senior Advocates appearing for the parties, having thoroughly gone through the

Bhushan Power and Steel Insolvency case ends up in Liquidation: Part-3

The Supreme Court continued to hear the other issues on merits. Both the appellants and respondents submitted their arguments. Appellants Submissions

Bhushan Power and Steel Insolvency case ends up in Liquidation: Part-2

Being aggrieved by the Judgment and Order dated 17.02.2020 of NCLAT in Bhushan Steel Insolvency case, some of the promoters of

Bhushan Power and Steel Insolvency case ends up in Liquidation: Part-1

On the Civil Appeal preferred by an operational creditor of M/s. Bhushan Power and Steel Limited namely Kalyani Transco and others,

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