This article argues that the interpretation of the NCLT Mumbai Bench ruling, providing an indefinite extension for the realization of assets by a secured creditor, is contradictory to the settled stance taken by various other NCLT Benches. The decision undermines the entire edifice of IBC itself, which is the timely resolution of the proceedings.

This post outlines the real estate sector’s importance and elucidates the concept of project-wise corporate insolvency resolution process.

This article seeks to analyze the rationale and implications of the change to the aviation sector through the lens of the IBC.

The recognition of consent terms under the IBC represents a significant development in the Indian insolvency regime.

The main issue which revolves around the insolvency of GoFirst is the possession of aircraft.

Author believes that the proposed code of conduct for CoC may safeguard stakeholders against the arbitrary approval of a resolution plan.

Authors argue that insolvency arbitration will evolve into a niche of its own - reaping benefits that the arbitral system has to offer.