Insolvency and Bankruptcy Code, 2016 with Section 32A

Supreme Court Clarifies Moratorium Under IBC Does Not Bar Proceedings Against Company Directors in Consumer Cases (17 January 2024)

Supreme Court Clarifies Moratorium Under IBC Does Not Bar Proceedings Against Company Directors Date of the Judgment: 17 January 2024 Citation: 2024 INSC 54 Judges: Abhay S. Oka, J., Ujjal Bhuyan, J. Can the directors of a company be held liable for a consumer court order when the company is undergoing insolvency proceedings? The Supreme […]

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Supreme Court settles liability of Directors under Section 138 NI Act post IBC Resolution: Ajay Kumar Goenka vs. Tourism Finance Corporation of India Ltd. (2023)

Supreme Court Clarifies Liability Under Section 138 NI Act Post IBC Resolution Date of the Judgment: March 15, 2023 Citation: (2023) INSC 218 Judges: Sanjay Kishan Kaul, J. and Abhay S. Oka, J. (Majority Opinion by Sanjay Kishan Kaul, J., Concurring Opinion by J.B. Pardiwala, J.) Can a director of a company be held liable

Supreme Court settles liability of Directors under Section 138 NI Act post IBC Resolution: Ajay Kumar Goenka vs. Tourism Finance Corporation of India Ltd. (2023) Read Post »

Liability of Directors under Section 138 NI Act: Supreme Court Judgment on IBC Resolution Plans (March 15, 2023)

Supreme Court Clarifies Liability of Directors in Cheque Dishonor Cases Post IBC Resolution Date of the Judgment: March 15, 2023 Citation: 2023 INSC 232 Judges: Sanjay Kishan Kaul, J. and Abhay S. Oka, J. (authored by Sanjay Kishan Kaul, J.) and J.B. Pardiwala, J. (Concurring Opinion) Can a director of a company be held liable

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Supreme Court Upholds Amendments to Insolvency and Bankruptcy Code, 2016: A Detailed Analysis of Manish Kumar vs. Union of India (2021)

Supreme Court Upholds Amendments to Insolvency and Bankruptcy Code, 2016 Date of the Judgment: 19 January 2021 Citation: (2021) INSC 19 Judges: Rohinton Fali Nariman, Navin Sinha, and K.M. Joseph, JJ. Can a group of homebuyers be required to meet a threshold before initiating insolvency proceedings against a builder? The Supreme Court of India recently

Supreme Court Upholds Amendments to Insolvency and Bankruptcy Code, 2016: A Detailed Analysis of Manish Kumar vs. Union of India (2021) Read Post »

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