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Emerging Case Law on Sec 9 CIRP Initiation by Operational Debtors - Part 1

Prologue:

Financial and Operational Creditors can initiate Insolvency proceedings (CIRP) against a corporate debtor under IBC 2016 keeping in mind the following:

  1. Financial creditors under Sec 7, read with Rule 4 of the I&B (Application to Adjudicating Authority) Rules 2016…
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IBC

International Botanical Congress 2017

Text and pics by Linda-Liisa Veromann-Jürgenson

I was honoured to be accepted to speak at a symposium in the XIX IBC in Shenzhen, China in the end of July this year. 591 more words

Conference

ICSI Clarification for PCS, who are registered as IPs, to form IPE

The Central Council of the ICSI at its 245th Meeting held on July 28, 2017 considered the various issues concerning Practising Company Secretaries (PCS) who are Insolvency Professionals (IPs) and also resolved to permit the PCS under Regulation 168 of Company Secretaries Regulations,  to become whole time directors of a Company/designated partners of LLP, which is recognised as Insolvency Professional Entity (IPE). 649 more words

Updates

IBC Cases on Appeal before the Supreme Court (3rd Aug 2017) – Some Judicial Pronouncements

The Hon’ble Supreme Court heard the following three cases in Appeal during the year till date in which IBC was dealt with.

  1. Lokhandwala Kataria Construction P Ltd – Vs – Nissus Finance & Investment Managers LLP ( CA 9279 of 2017)
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IBC

Quick Intro

As I embark on my new career as a practitioner of Insolvency & Bankruptcy/Corporate Law, based out of Chennai, India I start this blog to collate/present curated content covering topics/happenings in this field. 321 more words

IBC

DX Fanzine No. 48 - August 2017

DX Fanzine, an electronic newsletter which was originally edited in 1999/2000, brings together tips and news as contributed by individual DXers or ascertained from different sources. 1,443 more words

DX

Under Construction: Controversy Behind The New IBC

As a black student on campus, you can’t help but notice the talk of the University tearing down the Institution of Black Culture (IBC). To be fair, they are rebuilding it which personally I’m all for. 400 more words

University Of Florida