IBC is Not a Debt Recovery Mechanism: NCLAT Reiterates in Pravin Electricals Case
The NCLAT in this recent landmark decision has once again underscored a critical principle under the Insolvency and Bankruptcy Code, 2016 (“IBC”)—that […]
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Reverse CIRP Doctrine Reinforced: A Judicious Continuation of Project Completion in Real Estate Insolvency
In a compelling reaffirmation of jurisprudential pragmatism, the Hon’ble National Company Law Tribunal, Indore Bench, in S.K. Dutta (Swapan Kumar Dutta) and Ors. […]
Read moreInterest Under MSMED Act Not Operational Debt Under IBC: A Cautionary Tale from NCLT Mumbai
The intersection of sectoral legislations with the Insolvency and Bankruptcy Code, 2016 (IBC) continues to be a hotbed of judicial debate, drawing […]
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