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IBBI’s Amendments to CIRP: A Step Towards Effective Resolution?
The IBBI’s 2025 amendments significantly improve India’s insolvency framework by making it more aligned with global best practices.
Paridhi Jain
Jul 27, 20255 min read
JSW-BPSL Insolvency Row: Can the Status Quo Order Open a Window for Redemption?
Although the Supreme Court of India’s decision has garnered significant criticism, it is not without its merits. It emphasizes how the integrity of the insolvency process must remain sacred. The IBC transcends the role of a simple debt recovery mechanism; it is a framework rooted in legal principles and the equitable treatment of all stakeholders involved.
Tushar Pundir, Riddhi Pandey
Jul 19, 20256 min read
Liquidation After Approval of Resolution Plan: The IBC Faces Tough Challenges
In this article, the author identifies two major challenges revealed by the impugned judgments: lack of a statutory time limit to implement resolution plans and imprecise role of monitoring committees in ensuring implementation of resolution plans.
Rav Pratap Singh
Jul 11, 20257 min read
Reverse CIRP in 2025: A Turning Point in Insolvency Law
The reverse CIRP model remains judicially constructed and lacks a statutory base. The reforms provide structure and direction but require legislative harmonization to fully stabilize the process.
Mahi Agrawal
Jul 5, 20256 min read
Resolution to Reversal: Cost of Procedural Lapses in BPSL-JSW Case
While the BPSL-JSW is already forming into a landmark precedent in the IBC landscape, it risks creating a precedent, which undermines the revival aspect of IBC and has the possibility of deterring future CIRP proceedings.
Amishi Jain, Shatrupa Sharma
Jun 22, 20257 min read
Analyzing NCLAT’s Affirmation in Damodar Valley Corporation v. Mackeil Ispat and Forging Limited: A Win for the Clean Slate Doctrine or a Legal Dilemma?
A regulatory shift is needed. ‘Super-priority utility claims’ would introduce vital services protection, and balance would be maintained through a tiered debt resolution system. A non-retroactivity clause can protect resolution applicants from post settlement litigation. Moreover, a strategically funded PCLF would guard against unforeseen claims and improve CIRP performance.
Suryansh Jaiswal, Yash Sharan
May 24, 20256 min read
Applicant Reluctance and Legal Complexities in Distressed Acquisitions Under IBC
As the IBC framework continues to evolve, successful distressed M&A will require specialized expertise, innovative structuring, and careful navigation of the unique legal complexities that characterize acquisitions under CIRP.
Ayushman Sagar Jha, Chaitya Hiremath
May 11, 20256 min read
Death of Personal Guarantor and its Consequences on PGIRP
The peculiar scenario of the demise of the PG presents various challenges and opportunities for the legislature.
Aarya Parihar
Oct 26, 20245 min read
Expediting CIRP while Safeguarding Competition
The article suggests some alternatives to green channel mechanism that would expedite the CIRP.
Hamza Khan, Divyanshu Kumar
Oct 19, 20246 min read
Double Insolvency: Navigating the Complexities of Guarantor and Principal Debtor CIRPs
The ruling in this case has provided clarity on the intersection of guarantee contracts and insolvency and bankruptcy laws.
Mayank Kaushik, Kanishka Pareek
Sep 1, 20247 min read
Redefining Insolvency: A Case for Prioritizing Ecological Concerns
Prioritizing environmental claims during bankruptcy proceedings could diminish a company's overall value, thus needing express provisions.
Aditi Bharadwaj, Pratishtha Shrivastava
Jun 29, 20246 min read
Project-Wise CIRP: To Order or Not?
This post outlines the real estate sector’s importance and elucidates the concept of project-wise corporate insolvency resolution process.
Aarya Parihar
Jun 5, 20247 min read
Clarity on Parity? The Supreme Court’s Verdict on ‘Hyperclassification’ of Financial Creditors
By upholding appellants’ status as being part of a class of creditors, Supreme Court has managed to preserve the sanctity of 2018 amendment.
Mayannk Sharma
Mar 31, 20246 min read
The Dichotomy of Resolution Professionals as Public Servants: Public Duty vis-à-vis Public Character
Narrow interpretation of the definition of ‘public servant’ is concerning due to its potential implications.
Avantika
Feb 2, 20246 min read
Analyzing the Contours of the Doctrine of Commercial Wisdom in light of Equitable Treatment of the Stakeholders
There is need for balance to be struck between commercial wisdom and ensuring fair and equitable treatment of all stakeholders.
Heeya Sharma, Snigdha
Feb 1, 20245 min read
MSME Exemption under IBC: Closing the Loophole
It is important that the law laid down in the case of Hari Babu Thota be reviewed.
Masad Khan
Jan 28, 20246 min read
NCLAT’s Ruling on CIRP’s Misuse through Barter Agreement and RERA’s Right To Appeal
The legal stance taken by NCLAT ensures that the remedy of compensation granted by RERA remains a robust and effective tool for homebuyers.
Garvit Shrivastava, Harshita Dhakad
Jan 18, 20247 min read
Flexible Resolution Plans: An Egress from the Trap of Going Concern Sales
This article presents flexible resolution approach as a way forward to curb the menace emanating from inclusion of going concern sale.
Anmol Aggarwal, Akshat Verma
Dec 22, 20236 min read
Opportunity to Public Equity Shareholders to Acquire Shares after CIRP: A Pragmatic Step?
The proposed framework addresses the concerns of small investors and would go a long way in supporting them.
Nishant Kumar
Aug 6, 20236 min read
Supertech Insolvency: A Tussle Between Rights of Home-Buyers and Maximizing Assets under CIRP
This article aims to elucidate the provisions pertaining to reverse CIRP under the IBC.
Aayush Panwar, Aditya Maheshwari
Feb 8, 20235 min read
Powers of ED Under Prevention of Money Laundering Law and the Tussle with IBC
The author examines the constant tussle between PMLA and IBC.
Manik
Jan 23, 20234 min read
Analyzing Arun Kumar Jagatramka v. Jindal Steel and Power
Author proposes a middle ground where promoters and directors are at least allowed to bring proposals under insolvency regime.
Harsh Tomar
Sep 21, 20227 min read
The Vidarbha Ruling: Opening up Pandora’s Box
This article examines the Supreme Court’s judgement in Vidarbha and examines the dire consequences that it will have on IBC regime.
Sanya Goel
Sep 16, 20225 min read
Ramesh Kymal: Analysing the Need for a Lesser ‘Creditor-Heavy’ Force Majeure Model under the IBC
This piece aims to address the impact of Section 10A of the IBC on operational creditors in the context of Ramesh Kymal case.
Tejas Hinder, Diksha Bhatt
May 20, 20215 min read
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