Section 61

9 articles tagged with "Section 61".

Corporate LawLegal News

"NCLT's Expanding Authority vs. Institutional Decay: The Supreme Court's 2026 Intervention"

The Institutional Paradox: Record Approvals Amid Administrative Collapse The National Company Law Tribunal finds itself at a curious crossroads in 2026. While the tribunal has delivered record numbers of resolution plan approvals—demonstrating its ca...

3 Nov 2026NCLT, IBC
Corporate LawLegal News

Supreme Court Fortifies IBC: Finality of Resolution Plans and the End of the "Article 226 Detour"

The Supreme Court’s 2026 IBC Jurisprudence: Certainty Over Convenience The Supreme Court has delivered a decisive blow to procedural opportunism in corporate insolvency, establishing two interlocking principles that will fundamentally alter how pract...

29 Oct 2026IBC, Supreme Court
Corporate LawLegal News

A Fraudulent Petition, a Live CIRP: The Supreme Court's IBC Message and What It Means for Practice

The development that matters most Among this season's insolvency developments, the most consequential is the Supreme Court's reported holding that a CIRP can continue even if the insolvency plea that triggered it was fraudulent . Read with the other ...

19 Oct 2026IBC, NCLT
Corporate LawLegal News

The Moratorium Stops at the Corporate Debtor’s Door: Supreme Court Draws a Hard Line on Section 14 IBC

Section 14 Protects the Debtor, Not Its Promoters The Supreme Court has settled a question that has lingered in insolvency practice for years: the moratorium under Section 14 of the Insolvency and Bankruptcy Code, 2016 operates against the corporate ...

16 Oct 2026IBC, Section 14 moratorium
Corporate LawLegal News

The Writ Route Is Dead: Why the Supreme Court’s IBC Discipline and NCLT’s Record Quarter Mark a Turning Point for Indian Insolvency Practice

The Supreme Court Draws a Hard Line on IBC Appeals The most consequential development for insolvency practitioners in recent months is not a new amendment or a regulatory circular—it is the Supreme Court’s unequivocal reinforcement that Section 61 of...

14 Oct 2026IBC, NCLT
Corporate LawLegal News

Plugging the IBC Leaks: Supreme Court Strips Promoters of Moratorium Cover While NCLT Gasps for Breath

The Era of the Promoter Shield is Over For the better part of a decade, the Corporate Insolvency Resolution Process ( CIRP ) has been plagued by a recurring, cynical tactic: promoters using the insolvency of their companies as a personal legal shield...

5 Oct 2026IBC, NCLT
Corporate LawLegal News

The Supreme Court’s September Sweep: Closing the Net on Insider Trading Defenses and IBC Bypasses

For Indian corporate lawyers, September 2026 has delivered a sharp reality check from the Supreme Court. In a series of recent rulings, the apex court has made its stance abundantly clear: statutory frameworks under the SEBI Act and the Insolvency an...

20 Sept 2026SEBI, Insider Trading
Corporate LawLegal News

The Death of the 11th-Hour Settlement: How the Supreme Court and 2026 IBC Amendments are Trapping Corporate Debtors

The End of Procedural Gaming in Insolvency For the better part of a decade, Indian insolvency practice has been defined by a familiar, cynical playbook: let the Corporate Insolvency Resolution Process (CIRP) commence, drag the creditors through the m...

17 Sept 2026IBC, NCLT
Corporate LawLegal News

The Supreme Court’s Dual Strike to Save the IBC: Strict Limitations, Bypassed Writs, and the NCLT’s Systemic Lethargy

The IBC is fighting a two-front war: systemic delay and procedural adventurism. The Supreme Court has had enough. For corporate insolvency practitioners, the 2026 legal landscape is delivering a brutal reality check. The Insolvency and Bankruptcy Cod...

11 Sept 2026IBC, NCLT

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