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Tag: Insolvency Laws

  • Posts tagged “Insolvency Laws”

Reaffirming the Primacy of Revival: NCLAT’s Verdict in Prakash Oil Depot v. G. Madhusudhan Rao, Liquidator

In a significant and pragmatic decision, the National Company Law Appellate Tribunal (NCLAT), Chennai Bench, in Prakash Oil Depot v. G. Madhusudhan Rao & Anr. [(2025) ibclaw.in 569 NCLAT], has breathed fresh

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The Thin Line Between Commercial Recovery and Insolvency: A Judicial Perspective

In a decision that finely calibrates the contours of the Insolvency and Bankruptcy Code, 2016 (IBC), the National Company Law Tribunal (NCLT), Mumbai Bench, in Shree Jajoo Instrument Manufacturing Corporation

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Reaffirming the Guardrails of Avoidance Jurisprudence under Section 45 IBC: A Deep Dive into Greenfield Overseas v. Anil Goel (Liquidator of Loha Ispaat Ltd.)

I. Prologue: The Expanding Contours of Avoidance Proceedings The Insolvency and Bankruptcy Code, 2016 (IBC), in its elegantly drafted and robustly interpreted framework, continues to evolve through judicial

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Moratorium, Interim Orders & the In Rem Character of IBC Proceedings: An Analysis of Axis Bank Ltd. v. ARCIL & Ors. – NCLAT (2025)

In a significant pronouncement, the National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi, in Axis Bank Ltd. v. Asset Reconstruction Company (India) Ltd. & Ors. [(2025) ibclaw.in 564 NCLAT], has decisively

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IBC is Not a Forum for Contractual Recovery: A Reflection on Pravin Electricals Pvt. Ltd. vs. Akshaya Engineering Works Pvt. Ltd. (NCLAT, 2025

The Insolvency and Bankruptcy Code, 2016 (IBC) was never envisioned as a forum to enforce disputed commercial claims or settle murky contractual accounts. The recent pronouncement by the

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IBBI’s Latest Amendments: A Game-Changer for Homebuyers in Distressed Real Estate Projects

In a significant move that promises to revolutionize the landscape of real estate insolvency proceedings, the Insolvency and Bankruptcy Board of India (IBBI) has introduced groundbreaking amendments to

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