Insolvency & Bankruptcy

Supreme Court Upholds IBC Framework Sets Aside Karnataka High Court’s Intervention in Personal Insolvency Proceedings
17. 03
2025
By

Supreme Court Upholds IBC Framework: Sets Aside Karnataka High Court’s Intervention in Personal Insolvency Proceedings

Bank of Baroda Vs. Farooq Ali Khan & Ors,2025 NCLT under Section 95(1) of the IBC by the appellant, a financial creditor, seeking to commence insolvency proceedings against the guarantor, a personal guarantor, after invoking the personal guarantee in relation to unpaid dues. In an order dated 16.02.2024, the National Company Law Tribunal (NCLT), Bengaluru appointed a […]
Read More
Cross-Border Insolvency An Examination Of The Framework And Its Consequences
05. 03
2025
By

Cross-Border Insolvency – An Examination Of The Framework And Its Consequences

Given the increased intertwining of national economies, cross-border insolvency presents salient legal and financial difficulty. Upon the existence of an insolvent debtor in more than one country, the necessity to deal with assets and/or creditors creates very complicated jurisdictional problems and other legal issues. Most of the time, a company will operate in several jurisdictions […]
Read More
Insolvency Proceedings for Individuals and Partnership Firms in India
25. 02
2025
By

Mastering Insolvency Proceedings for Individuals and Partnership Firms

The Insolvency and Bankruptcy Code, 2016 (IBC) governs insolvency proceedings for individuals and partnership firms in India. This comprehensive legislation consolidates and amends laws pertaining to the reorganization and insolvency resolution of corporate persons, partnership firms, and individuals. Part III of the IBC specifically addresses insolvency and bankruptcy for individuals and partnership firms, providing a […]
Read More
The Role of the National Company Law Tribunal (NCLT) in Insolvency Proceedings in India
11. 02
2025
By

The Role of the National Company Law Tribunal (NCLT) in Insolvency Proceedings in India

The National Company Law Tribunal (NCLT) is a quasi-judicial authority established under the Companies Act, 2013, to adjudicate issues related to companies and limited liability partnerships (LLPs). It holds a central role in managing insolvency proceedings in India, as per the Insolvency and Bankruptcy Code (IBC), 2016. What are insolvency proceedings?  Broadly, these are legal […]
Read More
Whether ‘debtor’ Can Initiate Insolvency Proceedings Under Insolvency Bankruptcy Code, 2016
19. 11
2024
By

Whether ‘debtor’ Can Initiate Insolvency Proceedings Under Insolvency Bankruptcy Code, 2016

India had numerous acts in place to punish the defaulters like the Indian Contract Act, the Recovery of debts due to Banks and Financial Institution Act 1993, the Securitizations and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, Presidency Towns Insolvency Act, 1909, Provincial Insolvency Act, 1920, which were later on replaced […]
Read More
08. 08
2023
By

Coffee Culture Pioneer Faces Insolvency

Coffee Day Global, the company that operates Cafe Coffee Day, has been admitted into the process of corporate insolvency by the Bengaluru Bench of the National Company Law Tribunal. In the previous week, the Tribunal issued an oral order wherein it approved the inclusion of the unlisted firm into the insolvency procedure. This decision came […]
Read More
19. 01
2021
By

Union Ministry in All IBC Proceedings: NCLT

Maheshwari & Co. Advocates and Legal Consultants with a view to provide an efficacious and speedy conclusion of the insolvency and bankruptcy resolution had introduced its Insolvency and Bankruptcy Department. Our aforesaid insolvency Team is fully and exclusively dedicated with the sole aim of providing such services to our clients with would result into a […]
Read More

+91 9643106874

DISCLAIMER

The Bar Council of India does not permit advertisement or solicitation by advocates. By accessing this website (https://www.maheshwariandco.com/), you acknowledge and confirm that you are seeking information relating to Maheshwari & Co., Advocates and Legal Consultants (hereinafter referred to as “Maheshwari & Co.”), of your own accord and that there has been no form of solicitation, advertisement, or inducement by Maheshwari & Co., or its members.The content of this website is for informational purposes only and should not be interpreted as soliciting or advertising. No material/information provided on this website should be construed as legal advice. Maheshwari & Co. shall not be liable for the consequences of any action taken by relying on the material/information provided on this website.

I accept the above