Case of Sandeep Lucky vs Rajeev Lochan, NCLAT Delhi Judgement Dated 24th April 2026. The appellatetribunal has upheld the NCLT rejection of a […]
Case of Abhaykumar Anandkumar Bhambore vs Ortho Relief Hospital and Research Centre, , SC Judgement Dated 16th April 2026.The apex court upheld
Case of Bhushan Power and Steel Limited vs AG Pipes Private Limited, NCLAT Delhi Judgement Dated 21stApril 2026. The appellate tribunal
The Committee found that a revised resolution plan submitted after the applicant was declared a wilful defaulter, constituted a fresh
The proposals shift the framework from a Stakeholders’ Consultation Committee to a Committee of Creditors (CoC), granting it supervisory authority,
The framework seeks to enable faster, cost-effective resolution of stressed corporate debt through early creditor intervention while preserving management control
The proposals align regulatory definitions, particularly introducing a unified term ‘service provider’ covering insolvency professionals, agencies, and information utilities. The
The key proposals include mandating operational creditors to file information with Information Utilities before initiating insolvency, introducing deemed authentication where
The proposals introduces a unified definition of ‘service provider’, covering insolvency professionals, agencies, information utilities, and other notified entities, and
The proposals include enhanced documentation such as GST records, asset details, liabilities, litigation status, and regulatory compliances. These also streamline
