LEGAL FRAMEWORK

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Date Subject Legal Framework Category
22 Jul, 2023 Judgement dated 21st July, 2023 of National Company Law Appellate Tribunal Principal Bench, New Delhi in the matter of Monica Jajoo VS PHL Fininvest Private Limited & Anr. [Company Appeal (AT) (Ins) No. 1344 & 1345 of 2022]   Facilitation
20 Jul, 2023 IBBI (Insolvency Professionals) Regulations, 2016 (Amendment upto 20-07-2023)   Regulations
20 Jul, 2023 IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 (Amended upto 20.07.2023)   Regulations
20 Jul, 2023 Insolvency and Bankruptcy Board of India (Insolvency Professionals) (Amendment) Regulations, 2023   Regulations
20 Jul, 2023 Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Amendment) Regulations, 2023   Regulations
19 Jul, 2023 Judgment dated 17th July, 2023 of the Hon’ble Supreme Court of India in the matter of Paschimanchal Vidyut Vitran Nigam Ltd. Vs. Raman Ispat Private Limited & Ors. [Civil Appeal Nos. 7976 of 2019]   Facilitation
15 Jul, 2023 Judgement dated 11th July, 2023 of National Company Law Appellate Tribunal Principal Bench, New Delhi in the matter of Manoj Stone Infra Pvt. Ltd. Vs Railsys Engineers Pvt. Ltd, [Company Appeal (AT)(Insolvency) No. 763 of 2023 & IA No.2573 of 2023]   Facilitation
03 Jul, 2023 NCLT Advisory - Regarding Go Air Ticket Holder- Refund Claims   Notifications
30 Jun, 2023 Judgment dated 23rd June 2023 of National Company Law Appellate Tribunal, Chennai in the matter of V.Duraisamy IRP of M/s. H G S Diaries and Agro Ltd. Vs. Jeyapriya Fruits and Vegetables Commission Agent, [Company Appeal (AT)(CH)(Ins) No.25/2022]   Facilitation
20 Jun, 2023 Circular - Application to initiate corporate insolvency resolution process under sections 7 or 9 of the Insolvency and Bankruptcy Code, 2016, along with record of the default issued by the Information Utility.   Circulars
15 Jun, 2023 Notification under Section 14(3)(a) of IBC for contracts under Oilfields (Regulation and Development) Act, 1948   Notifications
13 Jun, 2023 Judgment dated 12th June 2023 of National Company Law Appellate Tribunal, New Delhi in the matter Puissant Towers India Pvt. Ltd. Vs. Neueon Towers Limited and Ors., Comp App (AT) (CH) (Ins.) No. 181/2022   Facilitation
13 Jun, 2023 Judgment dated 5th June 2023 of National Company Law Appellate Tribunal, Chennai in the matter of IFCI Limited Vs. Sutanu Sinha and anr. CA (AT) (CH) (Ins) No. 108/2023   Facilitation
12 Jun, 2023 The Insolvency Professionals to act as Interim Resolution Professionals, Liquidators, Resolution Professionals and Bankruptcy Trustees (Recommendation) Guidelines, 2023 issued on June 12, 2023.   Guidelines
12 Jun, 2023 Judgment dated 1st June 2023 of National Company Law Appellate Tribunal, Chennai in the matter of Actioncor Consultants Private Limited Vs. Viprah Technologies Ltd. T.A. No.190/2021 (Comp. App. (AT) (Ins) No. 916/2019)   Facilitation
05 Jun, 2023 NCLT approves 180 resolution plans in FY23, totalling Rs 51,424 crore (The Economic Times)   Facilitation
05 Jun, 2023 Judgment dated 25th May 2023 of five-member bench of National Company Law Appellate Tribunal, New Delhi on the power of review and recall of its judgments   Facilitation
22 May, 2023 Judgment dated 16th May 2023 of National Company Law Appellate Tribunal, Principal Bench in the matter of Gurudeo Exports Corporation Private Limited (“GECPL”) and Ors. Vs. Akash Singhal, Liquidator of Amira Pure Foods Pvt. Ltd. & Ors., Company Appeal (AT) (Insolvency) No. 301 of 2021& IA No. 701, 702 & 703 of 2021   Facilitation
16 May, 2023 Judgment dated 11 th May, 2023 of Supreme Court in the matter M. Suresh Kumar Reddy Vs. Canara Bank & Ors. [Civil Appeal No. 7121 of 2022]   Facilitation
04 May, 2023 Judgment of Hon’ble Supreme Court of India in the matter of Moser Baer Karmachari Union through President Mahesh Chand Sharma Vs, Union of India Writ Petition (C) No.421 of 2019 and other writ petitions   Facilitation