Insolvency and Bankruptcy Code, 2016 with Section 30(2) Archives

Supreme Court Rejects JSW’s Resolution Plan for Bhushan Power & Steel Ltd, Orders Liquidation: Kalyani Transco vs. Bhushan Power & Steel Ltd (2025)

Introduction Date of the Judgment: May 02, 2025 Judges: Bela M. Trivedi, J., Satish Chandra Sharma, J. Can a resolution plan be approved if it violates the mandatory provisions of the Insolvency and Bankruptcy Code (IBC)? The Supreme Court of India addressed this critical question in the case of Kalyani Transco vs. M/s. Bhushan Power […]

Supreme Court Sets Aside Resolution Plan Due to Procedural Lapses: Greater Noida Industrial Development Authority vs. Prabhjit Singh Soni (2024)

February 12, 2024 / Corporate Insolvency Resolution Process, Insolvency and Bankruptcy Code, 2016, Insolvency and Bankruptcy Code, 2016 with Section 30(2), Insolvency and Bankruptcy Code, 2016 with Section 60(5), U.P. Industrial Area Development Act, 1976, U.P. Industrial Area Development Act, 1976 with Section 13, U.P. Industrial Area Development Act, 1976 with Section 13A

Supreme Court Sets Aside Resolution Plan Due to Procedural Lapses: Greater Noida Industrial Development Authority vs. Prabhjit Singh Soni (2024) LEGAL ISSUE: Whether a resolution plan can be set aside for procedural lapses and non-compliance with statutory requirements under the Insolvency and Bankruptcy Code, 2016. CASE TYPE: Insolvency Law Case Name: Greater Noida Industrial Development

Supreme Court Sets Aside Resolution Plan Due to Procedural Lapses: Greater Noida Industrial Development Authority vs. Prabhjit Singh Soni (2024) Read Post »