India - High Court of Calcutta

Clean Hands Mandatory in Writ Jurisdiction: Calcutta HC Mandates Transfer Fee Payment Post-IBC Resolution

Clean Hands Mandatory: Calcutta High Court Upholds Transfer Fee Demand for Resolution Applicant In a significant ruling regarding the boundaries of the "clean slate" doctrine under the Insolvency and Bankruptcy Code (IBC), the Calcutta High Court has dismissed an...

18 Mar 2025

India - Supreme Court

Commercial Wisdom of CoC in Approving Resolution Plans Is Non-Justiciable: Supreme Court

Commercial Wisdom Reigns Supreme: The Supreme Court’s Verdict on Insolvency ResolutionIn a landmark ruling that reinforces the core philosophy of the Insolvency and Bankruptcy Code (IBC), the Supreme Court of India has emphatically declared t...

10 Jun 2026

India - High Court of Kerala

Kerala High Court Dismisses Writ Petition Due to Procedural Violations and Forum Non Conveniens

Procedural Finality Prevails: Kerala High Court Rejects Multi-Million Dispute Petition In a sharp rebuke regarding the abuse of judicial processes, the High Court of Kerala has dismissed a writ petition filed by Voizzit Technology Pvt. Ltd. seeking a c...

03 Jun 2026

India - National Company Law Appellate Tribunal

NCLAT: Disputed Commercial Claims Cannot Be Resolved Through Summary Insolvency Proceedings Under Section 9 IBC

More Than a Collection Agency: NCLAT Blocks Insolvency Plea in Complex Freight Dispute In a clear message to creditors, the National Company Law Appellate Tribunal (NCLAT) has reminded stakeholders that the Insolvency and Bankruptcy Code (IBC) is n...

29 May 2026

India - National Company Law Appellate Tribunal

Pending Section 34 Challenge No Bar to Section 7 IBC Admission, Rules NCLAT

NCLAT Upholds Corporate Insolvency Proceedings, Ruling Pending Arbitration Challenges Do Not Halt IBC Action In a significant ruling for financial creditors, the National Company Law Appellate Tribunal (NCLAT) has clarified that the pendency of a c...

29 May 2026

India - National Company Law Appellate Tribunal

Admission of Section 7 Insolvency Proceedings Upheld Despite Settlement Negotiations: NCLAT Rules

Settlement Talks Do Not Trump Statutory Process: NCLAT Affirms Admission of CIRP In a significant ruling for the integrity of the Insolvency and Bankruptcy Code (IBC), theNational Company Law Appellate Tribunal (NCLAT)has clarified that mere ongoing settlement negotiations cannot stall the ju...

29 May 2026

India - National Company Law Appellate Tribunal

NCLAT Imposes Cost on GNIDA for Frustrating Insolvency Resolution of Corporate Debtor

NCLAT Slams GNIDA with Costs for Obstructing Insolvency Resolution In a stern rebuke to theGreater Noida Industrial Development Authority (GNIDA), theNational Company Law Appellate Tribunal (NCLAT)has dismissed the authority’s latest appeal and imposed cost of ₹1 lakh. The tribunal found that...

29 May 2026

India - National Company Law Appellate Tribunal

Unsubstantiated MoUs Cannot Defeat Resolution Professional’s Right to Asset Possession under IBC: NCLAT

Luxury Perks for Promoters? NCLAT Puts an End to "Shadow" Occupancy in CIRP Proceedings TheNational Company Law Appellate Tribunal(NCLAT), led by Chairperson Justice Ashok Bhushan and Member (Technical) Mr. Barun Mitra, has delivered a stern verdict regarding the limits of promoter control in...

29 May 2026

India - National Company Law Appellate Tribunal

NCLAT Reaffirms RP's Authority to Evict Unauthorized Occupants During CIRP: No Right to Claim Possession Based on Sham Agreements

NCLAT Reaffirms RP’s Authority: Sham Agreements Cannot Bar Eviction During CIRP TheNational Company Law Appellate Tribunal(NCLAT), Principal Bench, has delivered a decisive judgment reinforcing the mandate of the Insolvency and Bankruptcy Code (IBC) regarding the control of a Corporate Debtor...

29 May 2026

India - High Court of Delhi

Parallel PMLA Proceedings Do Not Oust Jurisdiction of Arbitral Tribunals: Delhi High Court

Beyond the Shadow of Crime: Delhi HC Upholds Arbitral Autonomy Amid PMLA Probes In a significant ruling concerning the limits of arbitral jurisdiction, the High Court of Delhi has reaffirmed that the mere existence of parallel criminal investigations—specifically...

19 May 2025