Insolvency Resolution

Supreme Court Upholds Notification on Personal Guarantors under IBC: Lalit Kumar Jain vs. Union of India (2021)

/ Indian Contract Act, 1872, Indian Contract Act, 1872 with Section 128, Insolvency and Bankruptcy Code, 2016, Insolvency and Bankruptcy Code, 2016 with Section 1(3), Insolvency and Bankruptcy Code, 2016 with Section 31, Insolvency Resolution, Judges, L. Nageswara Rao, S. Ravindra Bhat

Supreme Court Upholds Notification on Personal Guarantors under IBC LEGAL ISSUE: Validity of a notification extending the Insolvency and Bankruptcy Code, 2016 to personal guarantors of corporate debtors. CASE TYPE: Insolvency Law Case Name: Lalit Kumar Jain vs. Union of India & Ors. [Judgment Date]: 21 May 2021 Introduction Date of the Judgment: May 21, […]

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Supreme Court Upholds IBC’s Primacy Over Winding Up: A. Navinchandra Steels vs. SREI Equipment Finance (2021)

/ B.R. Gavai, Companies Act, 1956, Companies Act, 1956 with Section 446, Insolvency and Bankruptcy Code, 2016, Insolvency and Bankruptcy Code, 2016 with Section 238, Insolvency and Bankruptcy Code, 2016 with Section 7, Insolvency Resolution, Judges, Rohinton Fali Nariman, Winding Up

Supreme Court Upholds IBC’s Primacy Over Winding Up: A. Navinchandra Steels vs. SREI Equipment Finance (2021) LEGAL ISSUE: Whether the Insolvency and Bankruptcy Code, 2016 (IBC) overrides the Companies Act, 1956/2013 in cases of conflict, particularly when a winding-up petition has been admitted. CASE TYPE: Insolvency and Corporate Law Case Name: A. Navinchandra Steels Private

Supreme Court Upholds IBC’s Primacy Over Winding Up: A. Navinchandra Steels vs. SREI Equipment Finance (2021) Read Post »

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