THE INSOLVENCY & BANKRUPCY CODE (AMENDMENT) ACT: RESOLUTION APPLICANTS NARROWED?

Download pdf

Published On: 01/02/2018

Practice Area: Banking & Finance, Corporate & Commercial, Government & Regulatory, Insolvency & Restructuring

Authors:

Ran Chakrabarti
Sahil Mendiratta
Earlier in January, the Insolvency and Bankruptcy Code (Amendment) Act (the "Amendment Act") came into force amending the Bankruptcy and Insolvency Code, 2016 (the "Code"), by substantively incorporating changes introduced by the earlier Code (Amendment) Ordinance, 2017 (the "Ordinance") issued by the Government and promulgated by the President at the end of November last year.

Related Posts:

In a landmark decision, a three-judge bench of the Hon’ble Supreme Court, while disposing off over 350 writ petitions, in Dilip B. Jiwarajka v. Union of India and Ors., upheld the constitutional va...

HON’BLE SUPREME COURT UPHOLDS CONSTITUTIONALITY OF SECTION 95 TO SECTION 100 OF THE IBC RELATING TO PERSONAL GUARANTORS

In this India chapter of Lexology In-Depth: Global Damages; 6th Edition, the primary focus revolves around the provisions of the Indian Contract Act relating to the award of damages and also includes ...

IN-DEPTH Global Damages EDITION 6

On 21 September 2023, the Supreme Court of India provided much needed clarity on interpretation of Section 13(8) of the SARFAESI Act, 2002, which was amended to permit borrowers to redeem mortgaged pr...

SUPREME COURT SETTLES THE CONFLICT ON THE RIGHT OF REDEMPTION OF MORTGAGED PROPERTY UNDER THE SARFAESI ACT

A short excerpt on the recent judgment of a five-member special bench of the National Company Law Appellate Tribunal (NCLAT), wherein it held that the NCLAT has the power to recall its own orders on s...

NCLT/NCLAT HAS POWER TO RECALL ITS ORDERS: FIVE-MEMBER NCLAT SPECIAL BENCH