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IBC: Legal News & Updates

Articles, case updates and legal news tagged "IBC".

12 items found
All Legal News Case Update Regulatory Update Blog Article Judgment Summary Notary Update Clear
Supreme Court: Lenders cannot join a resolution committee if they qualify as related parties
Legal News 28 Oct 2026

Supreme Court: Lenders cannot join a resolution committee if they qualify as related parties

The Supreme Court of India has ruled that lenders who participate in a corporate debtor’s policy-making process can qualify as related parties under the Insolve…

Supreme Court NCLT
Record of Default from Information Utility Is Sufficient to Admit Insolvency Petition; Company's Profitability No Bar: Supreme Court
Case Update 27 Oct 2026

Record of Default from Information Utility Is Sufficient to Admit Insolvency Petition; Company's Profitability No Bar: Supreme Court

The Supreme Court held that a record of default issued by an Information Utility (IU) is sufficient by itself to admit a petition under Section 7 of the Insolve…

⚖️ Supreme Court of India
Supreme Court IBC
Lawyer engaged by statutory body can't hand over brief to junior and stop appearing: NCLAT
Legal News 09 Oct 2026

Lawyer engaged by statutory body can't hand over brief to junior and stop appearing: NCLAT

The NCLAT has held that a lawyer specifically engaged by a statutory corporation cannot simply hand over a case brief to a junior and stop appearing in proceedi…

IBC NCLAT
Suspended directors have to give confidentiality undertaking for access to resolution plan: NCLAT
Legal News 21 Sep 2026

Suspended directors have to give confidentiality undertaking for access to resolution plan: NCLAT

The NCLAT has held that suspended directors seeking access to a resolution plan during the Corporate Insolvency Resolution Process (CIRP) must first furnish a c…

IBC NCLAT
NCLT sends Bira, creditors to mediation in insolvency case
Legal News 18 Sep 2026

NCLT sends Bira, creditors to mediation in insolvency case

The National Company Law Tribunal (NCLT) has referred the insolvency dispute involving Bira and its creditors to mediation, encouraging parties to explore an am…

NCLT IBC
Can a resolution plan under IBC survive the death of its maker? NCLAT answers
Legal News 11 Sep 2026

Can a resolution plan under IBC survive the death of its maker? NCLAT answers

The NCLAT has ruled that the death of a successful resolution applicant does not automatically invalidate a resolution plan approved under the IBC. The tribunal…

NCLT IBC
'Homebuyers Can't Be Penalised For Builders' Default' : Supreme Court Rejects NOIDA's Time-Extension Charges In CIRP
Case Update Property & Real Estate 03 Sep 2026

'Homebuyers Can't Be Penalised For Builders' Default' : Supreme Court Rejects NOIDA's Time-Extension Charges In CIRP

The Supreme Court set aside directions treating NOIDA's time-extension charges as CIRP costs in delayed housing projects, holding that homebuyers and new resolu…

⚖️ Supreme Court of India
Supreme Court Real Estate
IBC Moratorium Against Company Doesn't Bar Consumer Complaints Against Promoters & Directors: Supreme Court
Case Update Corporate & Commercial 28 Jul 2026

IBC Moratorium Against Company Doesn't Bar Consumer Complaints Against Promoters & Directors: Supreme Court

The Supreme Court held that the moratorium under Section 14 of the IBC protecting a corporate debtor during insolvency proceedings does not extend to its promot…

⚖️ Supreme Court of India
Supreme Court IBC
IBC Moratorium Protects Company, Not Directors or Promoters: Supreme Court
Legal News Corporate & Commercial 27 Jul 2026

IBC Moratorium Protects Company, Not Directors or Promoters: Supreme Court

The Supreme Court has clarified that the moratorium imposed under Section 14 of the Insolvency and Bankruptcy Code protects only the corporate debtor undergoing…

Supreme Court Corporate Governance
Delhi Consumer Commission Declares Its Own Refund Order 'Non-Est' After NCLT-Approved Plan-A Is Implemented
Legal News Property & Real Estate 26 Jul 2026

Delhi Consumer Commission Declares Its Own Refund Order 'Non-Est' After NCLT-Approved Plan-A Is Implemented

The Delhi Consumer Commission has declared its own earlier refund order in favour of homebuyers as "non-est" and incapable of execution after an NCLT-approved r…

NCLT IBC
Clean Slate, Dirty Data: Does IBC's Resolution Framework Extinguish Data Protection Board Penalties?
Legal News Data Protection & Privacy 14 Jul 2026

Clean Slate, Dirty Data: Does IBC's Resolution Framework Extinguish Data Protection Board Penalties?

A recent legal analysis explores whether penalties imposed by the Data Protection Board of India under the DPDP Act can survive the "clean slate" doctrine under…

NCLT IBC
Justice Yogesh Khanna appointed NCLAT officiating chairperson
Legal News Corporate & Commercial 10 Jul 2026

Justice Yogesh Khanna appointed NCLAT officiating chairperson

Justice Yogesh Khanna, a former Delhi High Court judge and current Judicial Member of the National Company Law Appellate Tribunal (NCLAT), has been appointed as…

IBC NCLAT
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