Tag: corporate insolvency resolution process
New RBI directions for novation of OTC derivative contracts
RBI proposes new guidelines for novation of OTC derivative contracts to ensure transparency, consent, and risk transfer
IBBI seeks comments to ensure integrity of CIRP changes
IBBI seeks public input on CIRP changes to boost transparency and eligibility checks
Show all cards at the CIRP table
IBBI mandates full disclosure of avoidance transactions in insolvency cases to ensure transparency and fairness
AZB, SAM and Khaitan act on Vadraj Cements insolvency process
SAM, AZB & Partners, and Khaitan & Co advised on the insolvency of Vadraj Cements
Court rules out prosecution after resolution plan approval
Delhi High Court ruled in BPSL v Union of India (2025) that a corporate debtor cannot be prosecuted for pre-CIRP offences after resolution approval
A legal head for numbers
Ishita Sharan, legal head of NARCL, discusses rising insolvency challenges and the bank’s role in managing stressed assets
Supreme Court clarifies classification of debt
India’s Supreme Court ruled that a debtor’s pledge under a DoH is a financial debt under the IBC
No room for one-off settlements post CIRP
Settlements are a key tool in commercial dispute resolution
IBBI allows interim representative for creditors in CIRP
The IBBI amended the 2016 CIRP regulations to allow for interim representation of creditors until an authorized representative is appointed
IBBI tightens insolvency process on corporates
IBBI introduces amendments to corporate insolvency regulations, impacting the resolution process for entities in India
