CCI can now hire agencies to monitor compliances, tweaks condentiality regime

Introduction The IBBI has recently notified an amendment to the IBBI (Liquidation Process) Regulations, 2016 via Notification No. IBBI/2025-26/GN/REG134 dated 2nd January, 2026. The amendment revises Regulation 47B, which governs the filing of forms during the liquidation process. The revised forms have been structured to reduce the compliance burden on insolvency professionals by eliminating duplicative disclosures, rationalising data requirements, and […]

Introduction The relentless march of new-age commerce demands a robust legal framework. This system must prioritize transparency and the swift resolution of financial defaults to maintain market stability. A critical legal dilemma arises when a Corporate Debtor attempts to veil a default through accounting maneuvers. Specifically, the court must determine if a debtor can legally misallocate payments between past arrears […]

Introduction As modern Indian jurisprudence evolves in response to rising economic offences from fraud and money laundering to environmental degradation, a critical question arises: when does corporate oversight cross the line and transform into the “directing mind and will”, thereby attracting vicarious liability of directors? This question lies at the heart of a delicate balancing exercise, where courts must ensure […]