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Legal News and Updates
Loan from SWAMIH Fund Recognised as 'Interim Finance' Under Section 5(15) of IBC: NCLT Delhi
NCLT recognizes SWAMIH Fund’s loan as interim finance under IBC, ensuring top repayment priority for last-mile project funding.
May 62 min read
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NCLT Mumbai: Voting Share of Abstaining Members Can’t Be Excluded in CoC Voting Calculations
NCLT: Abstaining CoC members' votes can't be excluded when calculating 66% majority under IBC.
May 63 min read
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Commercial Wisdom of CoC Has Been Given Prominent Status – Supreme Court's Landmark Ruling in Piramal Capital v. 63 Moons
Commercial wisdom of CoC has been given the prominent status"—Supreme Court upholds creditor-driven resolution in Piramal Capital v. 63 Moon
Apr 36 min read
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Adherence to Legal Discipline: Supreme Court Upholds Procedural Integrity in IBC Cases
SC reinforces legal discipline, limits judicial interference in insolvency proceedings. Highlights natural justice vs. expediency.
Jan 63 min read
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The Liability of the Surety is Co-Extensive with that of the Principal Debtor - Supreme Court Clarifies Subrogation and Insolvency Proceedings
Supreme Court clarifies subrogation and surety liability under IBC, highlighting key legal principles in corporate insolvency.
Jul 25, 20245 min read
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Supreme Court Declares 'Suit Not Pending' in Landmark Anish M Rawther Case
Supreme Court rules "Suit Not Pending" in Anish M Rawther case, emphasizing procedural compliance over IBC moratorium claims.
Jun 17, 20244 min read
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