Top Law News Plea against Insolvency code ordinance : Delhi High Court seeks Centre stand July 28, 2020 by Legal India Admin | Leave a Comment The Delhi High Court Tuesday sought the Centre’s reply on a plea challenging the Insolvency and Bankruptcy Code (IBC) Ordinance which suspended proceedings against defaults arising on or after March 25 for six months in view of the COVID-19 pandemic. A bench of Chief Justice D N Patel and Justice Prateek Jalan issued notice to […] Read more » Chief Justice D.N. Patel IBC Insolvency and Bankruptcy Code Justice Prateek Jalan
Top Law News 6% of total and 14% of closed cases find resolution under IBC so far May 23, 2020 by Legal India Admin | Leave a Comment Less than six percent of the total cases filed under India’s four-year-old bankruptcy code have found resolution till the end of March 2020, the latest data from the Insolvency and Bankruptcy Board of India (IBBI) shows. A total of 3,774 cases or corporate insolvency resolution processes (CIRPs) have been filed since the Insolvency and Bankruptcy […] Read more » bankruptcy code Cyril Amarchand Mangaldas esolution under IBC IBC Insolvency and Bankruptcy Code Jaypee Infratech
Top Law News Supreme Court upholds constitutional validity of Insolvency and Bankruptcy Code January 26, 2019 by Legal India Admin | Leave a Comment The Supreme Court on Friday upheld the constitutional validity of the Insolvency and Bankruptcy Code (IBC). A bench headed by Justice R F Nariman said they have upheld the constitutional validity “in its entirety”. The court, however, said that related parties in the act should mean a person connected with the business. The bench disposed […] Read more » Insolvency and Bankruptcy Code
