Showing 5 of 171· filtered
Circular - Due diligence by Insolvency Professionals regarding misuse of IBC framework
Directs Insolvency Professionals to Strengthen Due Diligence Against Misuse of IBC Framework
IBBI has directed Insolvency Professionals to remain vigilant against misuse of the IBC framework and conduct further enquiry where indicators suggest that CIRP or liquidation may be serving a fraudulent or malicious purpose.
Circular - Due diligence by Insolvency Professionals regarding misuse of IBC framework
10 September 2026Eff. 9 September 202613 min
Guidelines for Conducting Valuation Under the Insolvency and Bankruptcy Code, 2016.
MandatoryIBBI Valuation Guidelines 2026: Standardised Formats, Coordinating Valuer Framework & 23-Point Report Standard Under IBC
IBBI's Circular IBBI/RV/103/2026 dated June 15, 2026 prescribes standardised valuation report formats for all IBC processes. Key changes include 23 mandatory report items, VRIN on every page, seven receivables parameters, and a formal Coordinating Valuer framework with FVCD = Σ(VRV) + S formula.
Guidelines for Conducting Valuation Under the Insolvency and Bankruptcy Code, 2016.
17 June 2026Eff. 15 June 202623 min
NCLAT Fortnightly (Feb 16–28, 2026) — Bar & Bench
Vistra ITCL v. Radius Estate Projects — NCLAT 2026: Covenant to Pay in Third-Party Mortgage Creates Financial Debt Under IBC
NCLAT reversed NCLT's May 2024 order and held that Vistra ITCL, acting as Debenture Trustee, qualifies as a Financial Creditor of Radius Estate Projects — because the mortgage deed contained a "covenant to pay," creating an independent guarantee-like obligation under Section 5(8) IBC.
NCLAT Fortnightly (Feb 16–28, 2026) — Bar & Bench
13 May 202628 min
LiveLaw — IBC Overrides Securities Law? NCLAT's Expanding Jurisdiction Over Frozen Demat Accounts
MandatoryNCLAT Rules IBC Overrides SEBI Freeze — NCLT Can De-freeze Demat Accounts of Corporate Debtors During CIRP and Liquidation
NCLAT upheld NCLT's power under Section 60(5) of IBC to direct de-freezing of demat accounts frozen by BSE for Annual Listing Fee defaults — holding that once a liability is crystallised, IBC proceedings must prevail over parallel regulatory action.
LiveLaw — IBC Overrides Securities Law? NCLAT's Expanding Jurisdiction Over Frozen Demat Accounts
10 May 202616 min
The Insolvency and Bankruptcy Code (Amendment) Act, 2026 — Gazette of India CG-DL-E-06042026-271594
MandatoryIBC Amendment Act 2026: Complete Guide — Creditor-Initiated IRP, Group Insolvency, New Timelines & Key Changes
The IBC Amendment Act 2026 (No. 6 of 2026) introduces a new Creditor-Initiated IRP, Group Insolvency, Cross-Border Insolvency framework, strict AA timelines, CoC oversight of liquidation, dissenting FC protection, licence preservation post-resolution, and enhanced penalty provisions.
The Insolvency and Bankruptcy Code (Amendment) Act, 2026 — Gazette of India CG-DL-E-06042026-271594
3 May 2026Eff. 6 April 202622 min