CIRP | IRCCL

Aarya Parihar

Oct 265 min read

Death of Personal Guarantor and its Consequences on PGIRP

The peculiar scenario of the demise of the PG presents various challenges and opportunities for the legislature.

Hamza Khan, Divyanshu Kumar

Oct 196 min read

Expediting CIRP while Safeguarding Competition

The article suggests some alternatives to green channel mechanism that would expedite the CIRP.

Mayank Kaushik, Kanishka Pareek

Sep 17 min read

Double Insolvency: Navigating the Complexities of Guarantor and Principal Debtor CIRPs

The ruling in this case has provided clarity on the intersection of guarantee contracts and insolvency and bankruptcy laws.

Aditi Bharadwaj, Pratishtha Shrivastava

Jun 296 min read

Redefining Insolvency: A Case for Prioritizing Ecological Concerns

Prioritizing environmental claims during bankruptcy proceedings could diminish a company's overall value, thus needing express provisions.

Aarya Parihar

Jun 57 min read

Project-Wise CIRP: To Order or Not?

This post outlines the real estate sector’s importance and elucidates the concept of project-wise corporate insolvency resolution process.

Mayannk Sharma

Mar 316 min read

Clarity on Parity? The Supreme Court’s Verdict on ‘Hyperclassification’ of Financial Creditors

By upholding appellants’ status as being part of a class of creditors, Supreme Court has managed to preserve the sanctity of 2018 amendment.

Avantika

Feb 26 min read

The Dichotomy of Resolution Professionals as Public Servants: Public Duty vis-à-vis Public Character

Narrow interpretation of the definition of ‘public servant’ is concerning due to its potential implications.

Heeya Sharma, Snigdha

Feb 15 min read

Analyzing the Contours of the Doctrine of Commercial Wisdom in light of Equitable Treatment of the Stakeholders

There is need for balance to be struck between commercial wisdom and ensuring fair and equitable treatment of all stakeholders.

Masad Khan

Jan 286 min read

MSME Exemption under IBC: Closing the Loophole

It is important that the law laid down in the case of Hari Babu Thota be reviewed.

Garvit Shrivastava, Harshita Dhakad

Jan 187 min read

NCLAT’s Ruling on CIRP’s Misuse through Barter Agreement and RERA’s Right To Appeal

The legal stance taken by NCLAT ensures that the remedy of compensation granted by RERA remains a robust and effective tool for homebuyers.

Anmol Aggarwal, Akshat Verma

Dec 22, 20236 min read

Flexible Resolution Plans: An Egress from the Trap of Going Concern Sales

This article presents flexible resolution approach as a way forward to curb the menace emanating from inclusion of going concern sale.

Nishant Kumar

Aug 6, 20236 min read

Opportunity to Public Equity Shareholders to Acquire Shares after CIRP: A Pragmatic Step?

The proposed framework addresses the concerns of small investors and would go a long way in supporting them.

Aayush Panwar, Aditya Maheshwari

Feb 8, 20235 min read

Supertech Insolvency: A Tussle Between Rights of Home-Buyers and Maximizing Assets under CIRP

This article aims to elucidate the provisions pertaining to reverse CIRP under the IBC.

Manik

Jan 23, 20234 min read

Powers of ED Under Prevention of Money Laundering Law and the Tussle with IBC

The author examines the constant tussle between PMLA and IBC.

Harsh Tomar

Sep 21, 20227 min read

Analyzing Arun Kumar Jagatramka v. Jindal Steel and Power

Author proposes a middle ground where promoters and directors are at least allowed to bring proposals under insolvency regime.

Sanya Goel

Sep 16, 20225 min read

The Vidarbha Ruling: Opening up Pandora’s Box

This article examines the Supreme Court’s judgement in Vidarbha and examines the dire consequences that it will have on IBC regime.

Tejas Hinder, Diksha Bhatt

May 20, 20215 min read

Ramesh Kymal: Analysing the Need for a Lesser ‘Creditor-Heavy’ Force Majeure Model under the IBC

This piece aims to address the impact of Section 10A of the IBC on operational creditors in the context of Ramesh Kymal case.

Sambhawi Sanghmitra, Vijay Rohan Krishna

Nov 11, 20206 min read

The Curious Case of Ruchi Soya and SEBI’s Proposal to Recalibrate MPS Norms in CIRP Cases

[Sambhawi Sanghmitra is a student at Chanakya National Law University, Patna, and Vijay Rohan Krishna is a student at National University...

Abhishekh Mishra

Oct 7, 20207 min read

Role of Resolution Professional in Determination of Claims under IBC: An Analysis

[Abhishekh is a student at National University of Study and Research in Law, Ranchi.] As far as creditors and debtors of the Indian...

Shivani Shenoy, Yashwardhan Rajawat

Aug 29, 20195 min read

End of the Road for CIRP: An Impasse at the COC

[Shivani Shenoy and Yashwardhan Rajawat are students at Symbiosis Law School, Pune.] In this article, the authors analyse the...

Shubham Kumar

Aug 23, 20198 min read

Issues Arising from Non- Implementation of a Resolution Plan

[Shubham Kumar is a student at Hidayatullah National Law University, Raipur.] The Insolvency and Bankruptcy Code, 2016 (IBC) has, within...

Moksh Ranawat, Aman Guru

Jan 15, 20195 min read

The Problem of Non-Performing Assets in the Power Sector: ‘Brighter’ Times Ahead?

[Moksh Ranawat and Aman Guru are students at Symbiosis Law School, Pune.] The problem of non-performing assets (NPAs) in the power sector...

Lakshya Gupta

Dec 30, 20186 min read

Examining Section 11 of the Insolvency and Bankruptcy Code 2016

[Lakshya Gupta is a student at Jindal Global Law School.] With the enactment of the Insolvency and Bankruptcy Code (IBC) in 2016, the...

IRCCL Blog

Jun 8, 20182 min read

The Home Buyer Saga and the IBC Ordinance

In a major relief to home buyers, the President promulgated the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2018 (Ordinance),...

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