The deadline for resolution plan cannot be violated: says the Supreme Court

In an attempt to ensure that the proceedings of the Insolvency and Bankruptcy Code function without a glitch, the Supreme Court took strict measures to prevent lengthy proceedings. The Supreme…

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IBC: 50% of lenders’ claims to be met

Since the Insolvency and Bankruptcy law has come into force, there has been a shift towards the positive where creditors facing the perennial problem of bad loans have been given…

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Home buyers are now part of Financial Creditors: the road ahead

In a recent judgment, the Supreme Court has directed new proceedings for the Jaypee Infratech case. Under the Insolvency and Bankruptcy code, all cases need to be resolved under 180…

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