IBC Clarified: Supreme Court Says Value Maximisation Goes Beyond Numbers
April 24, 2026 Communications Committee INSOL India.
The Supreme Court in a recent judgment in Torrent Power Limited v. Ashish Arjunkumar Rathi [(2026) ibclaw.in 109 SC] reiterated that under the IBC, the highest bid does not necessarily constitute the best resolution plan, emphasising that value maximisation is..
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IBBI Overhauls Valuation Framework, Enhances Accountability of RPs and Valuers
April 24, 2026 Communications Committee INSOL India
The Insolvency and Bankruptcy Board of India (IBBI) has introduced reforms to strengthen the valuation and information disclosure framework under the IBC. These measures seek to address concerns around inconsistent valuation practices and information asymmetry faced by creditors. The reforms..
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CJI Surya Kant in a recent hearing in EAS Sarma v. Union of India and others [W.P.(C) No. 1217/2025]
April 21, 2026 INSOL India - Communication Committee
CJI Surya Kant in a recent hearing in EAS Sarma v. Union of India and others [W.P.(C) No. 1217/2025], flagged serious concerns over the misuse of the IBC, noting that insolvency processes are being manipulated to enable pre-planned auctions and..
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The IBBI (Use of Caveats, Limitations, and Disclaimers in Valuation Reports) Guidelines 2020
September 1, 2020 INSOL India - Editorial Team
On September 1, 2020, the IBBI notified the IBBI (Use of Caveats, Limitations, and Disclaimers in Valuation Reports) Guidelines 2020 (“Valuation Report Guidelines”). The Valuation Report Guidelines seek to provide guidance to registered valuers with respect to the use of..
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The Insolvency and Bankruptcy Code (Second Amendment) Act, 2020
September 23, 2020 INSOL India - Editorial Team
On September 23, 2020, the IBC (Second Amendment) Act 2020 was notified, which in turn repealed the IBC (Amendment) Ordinance 2020. The amendment replicates the provisions of the ordinance, which had introduced section 10A to the IBC, providing for the..
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Bill to amend Bankruptcy Code tabled in Rajya Sabha
September 22, 2020 EDITORIAL BOARD INSOL INDIA
The IBC amendment bill was presented in the Rajya Sabha. The Bill seeks to amend the Code keeping in vew the hardship created by the Covid-19 pandemic. As per the Bill, the suspension of the code is initially for a period of..