Kanwal Chaudhary Vs. Insolvency and Bankruptcy Board of India & Ors. [W.P.(C) 9410/2021] (Delhi High Court, 13.08.2026)
October 22, 2026 Communication Committee
An Insolvency Professional is governed by the forward charge mechanism provided for in the Goods and Service Tax instead of the reverse charge mechanism as applicable to the advocates Kanwal Chaudhary Vs. Insolvency and Bankruptcy Board of India & Ors. [W.P.(C)..
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Avarsekar & Sons Private Limited & Ors. Vs. Assets Care and Reconstruction Enterprises Limited & Anr.
October 22, 2026 Communication Committee
An ARC can become a holder in due course under the NI Act. Avarsekar & Sons Private Limited & Ors. Vs. Assets Care and Reconstruction Enterprises Limited & Anr. [Criminal Writ Petition No. 2776 of 2023] (Bombay High Court, 03.08.2026) An..
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Srinivasa Reddy Velagala Vs. Sravanthi Infratech Private Limited
October 8, 2026 Communication Committee Member by Dr. Ankeeta Gupta
The period of limitation does not run ad-infinitum under the Insolvency and Bankruptcy Code, 2016. Even though the debt may cause an injury, it stops becoming a legal damage once the period of limitation has run out. Srinivasa Reddy Velagala Vs...
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Davis Koottala Varkey & Ors. Vs. Samson T. George & Ors.
September 25, 2026 Communication Committee
Davis Koottala Varkey & Ors. Vs. Samson T. George & Ors. [Civil Appeal arising out of Special Leave Petition (C) No. 18523 of 2026] (05.08.2026) The appeal challenged the order of the High Court of Kerala dated 21.04.2026 in O.P.(C) No...
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Plaintiff can get Court Fee refund after IBC Plan settlement
July 13, 2026 COMMUNICATION COMMITTEE
The Delhi High Court in Sainik Industries Pvt. Ltd. v. Indian Sugar Manufacturing Company [CS(COMM) 474/2019] has held that a plaintiff who withdraws a civil suit after accepting dues under an approved resolution plan under the Insolvency and Bankruptcy Code, 2016 (IBC),..
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IBBI Amends Voluntary Liquidation Process Regulations, 2017
July 13, 2026 COMMUNICATION COMMITTEE
The Insolvency and Bankruptcy Board of India (IBBI) has notified the IBBI (Voluntary Liquidation Process) (Amendment) Regulations, 2026, effective 2 June 2026, to streamline the voluntary liquidation framework and align it with recent reforms under the Insolvency and Bankruptcy Code..