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Corporate & Commercial, Restructuring & Insolvency | Jun 2023

GoAir: Breakthrough On The Horizon?

On May 10, 2023, the National Company Law Tribunal, New Delhi (NCLT) admitted the application of Go Airlines (India) Limited (Company),...

Restructuring & Insolvency | May 2022

Abatement of Avoidance Applications on approval of Resolution Plans – An avertable

The last five and a half years since the introduction of the Insolvency and Bankruptcy Code, 2016 (Code) have witnessed a...

Restructuring & Insolvency | Aug 2021

Insights | Group Insolvency Regime in India

The increased consolidation in India Inc over the last few years has led to numerous instances of situations wherein the group...

Restructuring & Insolvency | Jun 2021

Insights | Commercial wisdom of Committee of Creditors

As per provisions of the Insolvency and Bankruptcy Code, 2016 (IBC or Code), in case of any defaults in paying a...

Restructuring & Insolvency | Apr 2021

Judgment Update | ARCIL v. Bishal Jaiswal & Anr

SC vide judgment dated April 15, 2021 in the matter of Asset Reconstruction Company (India) Ltd v. Bishal Jaiswal & Anr....

Restructuring & Insolvency | Apr 2021

Law & Policy Update | The loan moratorium judgment: Key takeaways

The Supreme Court (SC) vide Judgment dated March 23, 2021, in the matter of Small-Scale Industrial Manufactures Association (Regd.) v. Union...

Regulatory & Policy, Restructuring & Insolvency | Mar 2021

Law & Policy Update | Termination of Power Purchase Agreements under IBC

The Supreme Court (SC) vide judgment dated March 08, 2021 in the matter of Gujarat Urja Vikas Nigam Ltd v. Amit...

Restructuring & Insolvency | Jul 2020

Independence of Resolution Professionals

The framework for bankruptcy and insolvency resolution in India is guided by the Insolvency and Bankruptcy Code, 2016 (IBC), which governs...

Restructuring & Insolvency | Apr 2020

Covid-19 and IBC Proceedings – 10 key considerations

The IBBI has vide notification dated March 29, 2020 amended the CIRP Regulations by insertion of regulation 40C. Pursuant to regulation...

Restructuring & Insolvency | Apr 2020

Coronavirus outbreak: Relaxed IBC timelines may be a face-saver for Indian corporates

Keeping up with the needs of the fast-changing business environment, IBC has been amended for the fourth time since 2016 with...

Corporate & Commercial, Restructuring & Insolvency | Apr 2020

Coronavirus outbreak – IBC suspension.

Suspension of the IBC for a period of 6 months shall further disable the creditors from initiating insolvency resolution proceedings against...