IBC Insights May 2026 – Monthly Newsletter for Insolvency Matters
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Whether Debts of a Proprietorship Can Be Clubbed with a Company to Trigger Section 9 IBC? NCLAT Clarifies in Bhushan Power & Steel v. AG Pipes
Can a creditor aggregate the debts of a sole proprietorship with those of a private
Does Holding an Arbitral Award Allow a Corporate Debtor to Avoid CIRP under Section 7 IBC?
Whether the NCLT is justified in admitting a Section 7 application where the Corporate Debtor
Can a Completed Section 230 Takeover Be Reopened? NCLT on Disinvestment Claims and Minority Exit in TIIC v. Dipak Raj Sood
Introduction Can a state-owned entity bypass statutory takeover procedures under the Companies Act, 2013, by
Can a Successful Bidder in an IBC Liquidation Sale Seek Reliefs Beyond “As Is Where Is” Terms?
Could the successful bidder in a liquidation sale, having accepted assets on an “as is
Insolvency and Bankruptcy Code (Amendment) Bill, 2026: Navigating the next evolution of India’s resolution regime
Introduction The landscape of Indian insolvency is witnessing its most significant transformation since the inception
Can Pre-CIRP Dues be Adjusted Against Cash Deposits?
Introduction Can an operational creditor, holding a cash security deposit “in lieu of a Letter
Minority shareholders exit through Capital Reduction: Judicial Scrutiny of Fairness, Process, and Valuation in Pannalal Bhansali v. Bharti Telecom
Introduction When does a corporate decision, backed by overwhelming majority approval, cross the line into
When Can a Pending Scheme of Arrangement Fail to Bar a Section 7 IBC Proceeding?
Introduction Corporate debtors often seek to preserve older restructuring frameworks, while financial creditors insist that