Insolvency and Bankruptcy Code | Khurana and Khurana

Insolvency and Bankruptcy Code- A Revolutionary Policy

22nd July, 2024 - 7:28 am Categories: IBC

Introduction This is one of the most important case studies for a law student. As, we all know what happened to Kingfisher Airlines and if you remember these kind of defaults and thousands of crores in losses were not a new thing in India at all. In May, 2023, “Go First” has decided to file … Continue reading Insolvency and Bankruptcy Code- A Revolutionary Policy

Navigating The Choppy Waters Of India’s Solvency And Bankruptcy Code

28th July, 2023 - 7:23 am Categories: IBC

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Introduction The Insolvency and Bankruptcy Code, 2016 (referred to as IBC or the Code) is India’s bankruptcy law, designed to consolidate the existing framework by creating a comprehensive statute for handling insolvency and bankruptcy cases. The introduction of IBC aimed to completely overhaul India’s financial distress resolution system, as the prevalence of Non-Performing Assets and … Continue reading Navigating The Choppy Waters Of India’s Solvency And Bankruptcy Code

Proposed Amendments To The Insolvency And Bankruptcy Code

25th May, 2023 - 7:10 am Categories: IBC

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Insolvency and Bankruptcy Code, 2016, as amended (“Code”) regulations claim that countless cases of failing real estate businesses, including significant players like Jaypee Infratech, and Supertech, have been stalled at various stages of insolvency procedures over the past few years. It is being estimated that 344 corporate debtors involved in construction and real estate operations … Continue reading Proposed Amendments To The Insolvency And Bankruptcy Code

Can passing of a Resolution Plan obliterate proceedings under section 138 of NI Act?

30th March, 2023 - 5:59 am Categories: IBC

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Introduction The Supreme Court of India vide its order dated 28th March, 2022 in Narinder Garg v. Kotak Mahindra Bank Ltd. (“Narinder Garg”) decided upon the effect of the passing of a resolution plan, under section 30(4) of the Insolvency and Bankruptcy Code, 2016 (“IBC”), on the validity of proceedings under section 138 of the … Continue reading Can passing of a Resolution Plan obliterate proceedings under section 138 of NI Act?

Summarizing the interface between Negotiable Instruments Act and the Insolvency Code in P. Mohanraj V Shah Brothers Ispat

16th September, 2021 - 10:32 am Categories: Intellectual Property

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Introduction The Supreme Court of India recently pronounced the milestone judgment of P. Mohanraj V. Shah Brothers Ispat Pvt. Ltd. One specific question raised in the said judgment related to whether the scope of Section 14 of the Insolvency and Bankruptcy Code, 2016 (“IB Code”) would cover the magnitude of the Negotiable Instruments Act of … Continue reading Summarizing the interface between Negotiable Instruments Act and the Insolvency Code in P. Mohanraj V Shah Brothers Ispat

IBC (Insolvency and Bankruptcy Code, 2016) – The Bankruptcy Law of India

22nd July, 2019 - 12:16 pm Categories: Intellectual Property

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It is better to have one codified legislation than multiple to deal with the aspects of a company which can have a singular umbrella. This is the exact rationale for the existence of The Insolvency and Bankruptcy Code in India which has been into effect since 2016. IBC came into being repealing SICA (Sick Industrial … Continue reading IBC (Insolvency and Bankruptcy Code, 2016) – The Bankruptcy Law of India

Tag: Insolvency and Bankruptcy Code

Insolvency and Bankruptcy Code- A Revolutionary Policy

Navigating The Choppy Waters Of India’s Solvency And Bankruptcy Code

Proposed Amendments To The Insolvency And Bankruptcy Code

Can passing of a Resolution Plan obliterate proceedings under section 138 of NI Act?

Summarizing the interface between Negotiable Instruments Act and the Insolvency Code in P. Mohanraj V Shah Brothers Ispat

IBC (Insolvency and Bankruptcy Code, 2016) – The Bankruptcy Law of India

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