Tag: Insolvency and Bankruptcy Code
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SC on CoC Wisdom and Judicial Review
The Supreme Court has clarified that although the commercial wisdom of the Committee of Creditors (CoC) enjoys primacy under the Insolvency and Bankruptcy Code...
SC: Pending Restructuring Doesn’t Bar Section 7 CIRP
The Supreme Court on Tuesday (February 24) held that ongoing or pending restructuring discussions for a debt-laden corporate debtor do not, by themselves, stop...
Jurisdictional Limits Clarified: Supreme Court Holds NCLT Lacks Power to Decide Unrelated Trademark Ownership Disputes Under IBC
Apex Court Draws Clear Line on Scope of Section 60(5)(c) of Insolvency Code
The Supreme Court of India has ruled that the National Company Law...
Supreme Court: NCLT Can Forfeit Entire Deposit If Purchaser Defaults in Liquidation Asset Payments
Supreme Court Confirms NCLT’s Power to Forfeit Entire Deposit in Liquidation Sales Under IBC
In a significant ruling impacting insolvency and liquidation proceedings, the Supreme...
