Corporate Law

In a rapidly evolving economic landscape, timely and effective resolution of financial distress is crucial for maintaining market discipline and investor confidence. The Insolvency and Bankruptcy Board of India (IBBI), established under the Insolvency and Bankruptcy Code, 2016, plays a central role in streamlining and regulating the insolvency framework in India. As a key pillar of economic reform, the IBBI ensures transparency, accountability, and efficiency in insolvency proceedings—whether for individuals, partnerships, or corporate entities. This article delves into the structure, powers, and functioning of the IBBI, highlighting its pivotal role in strengthening India's insolvency ecosystem.

This Article gives the overview of Eligibility , Appointment and Duties of Resolution Professional Under Insolvency and Bankruptcy Code , 2016 in a brief ,clear and concise manner .

The Corporate Insolvency Resolution Process (CIRP) serves as a lifeline for financial creditors seeking timely debt recovery from defaulting corporate debtors under the Insolvency and Bankruptcy Code, 2016. Designed to ensure transparency, accountability, and fairness, the CIRP empowers financial creditors to initiate insolvency proceedings and drive a resolution through a structured legal framework. This article explores the step-by-step process, legal requirements, and rights of financial creditors in initiating CIRP—making it an essential read for lenders, legal professionals, and businesses navigating corporate insolvency in India.

A moratorium is a period during which legal proceedings against a corporate debtor are prohibited or suspended. This includes recovery actions, enforcement of security interests, and termination of essential contracts. This articles covers the Key aspect of Section 14 that is Moratorium under Insolvency and Bankruptcy Code 2016

The Insolvency and Bankruptcy Code, 2016 (IBC) is a new-generation legislation introduced with the objective of providing a time-bound, effective mechanism for the resolution of insolvency and bankruptcy of corporate persons, partnership firms, and individuals. One of its key features is the Fast Track Corporate Insolvency Resolution Process (Fast Track CIRP), which aims to provide a speedy and efficient revival mechanism for certain eligible corporate debtors. It addresses the need for quicker resolution, particularly for small businesses, startups, and other specified categories of companies