Search Results for "IBBI order challenge"

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Bombay High Court Allows Appeals by Acquiring Body in Land Acquisition Compensat...
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Search Results for "IBBI order challenge"

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High Court

High Court of Karnataka Reviews Order Directing Liquidator to Accept Sale Proceeds in Insolvency Case. Insolvency and Bankruptcy Board of India Challenges Writ Order Alleging Irregularities in Auction Process Under IBC.

15 Dec 2025

The review petition was filed by the Insolvency and Bankruptcy Board of India (IBBI) under Section 114 read with Order XLVII Rule 1 of the Code of Civ...

High Court

Bombay High Court Upholds Single-Member Disciplinary Committee Under IBC — Suspension of Insolvency Professional Upheld. The court held that the proviso to Section 220(1) of the Insolvency and Bankruptcy Code, 2016, read with Section 13 of the General Clauses Act, 1897, permits a Disciplinary Committee consisting of a single whole-time member, and the Regulations of 2017 are consistent with the Code.

4 Sep 2024

The petitioner, Rohit J. Vora, an Insolvency Professional registered with the Insolvency and Bankruptcy Board of India (IBBI), challenged an order dat...

High Court

Bombay High Court Dismisses Writ Petition Challenging Suspension of Resolution Professional for Lack of Due Diligence in CIRP. Disciplinary action by IBBI under Sections 30(2)(b), (e) and 208(2)(a), (e) of the Insolvency and Bankruptcy Code, 2016 upheld as proportionate.

16 Oct 2024

The petitioner, Vijendra Kumar Jain, was appointed as Resolution Professional (RP) for M/s. Transparent Energy System Pvt. Ltd. (Corporate Debtor) by ...

Tribunals

NCLAT Sets Aside Direction for Inspection of Liquidator's Conduct for Violation of Natural Justice. Adverse remarks and inspection order quashed as liquidator was not given opportunity of hearing under Insolvency and Bankruptcy Code, 2016.

20 Nov 2024

The appellant, CA Ramasamy Shanmuggam, the liquidator of RLS Alloys Pvt. Ltd., challenged an order dated 02.06.2022 passed by the Adjudicating Authori...

Supreme Court

Supreme Court Allows Appeals by State Bank of India in Jet Airways Insolvency Case — Holds Performance Bank Guarantee Cannot Be Adjusted Against Resolution Plan Payment and Non-Implementation Leads to Liquidation. The Court ruled that the SRA's failure to pay airport dues and employee dues constituted non-implementation of the Resolution Plan under Section 33(3) IBC, 2016, and the PBG cannot be set off against the first tranche payment.

13 Nov 2024

The case pertains to the Corporate Insolvency Resolution Process (CIRP) of Jet Airways (India) Limited, initiated by State Bank of India (SBI) under S...

Tribunals

NCLAT Allows Fresh Form G to Maximize Asset Value in CIRP of Raigarh Champa Rail Infrastructure Pvt. Ltd. — Challenge Mechanism Under Regulation 39(1A)(b) of IBBI Regulations, 2016 Must Be Conducted Among Existing Resolution Applicants.

30 Nov -0001

The appeal was filed by JM Financial Asset Reconstruction Company Ltd., acting as trustee of Rail December 2024 Trust, challenging the Impugned Order ...

High Court

Madras High Court Dismisses as Withdrawn Writ Petition Challenging Insolvency and Bankruptcy Board Order. Petitioner Granted Liberty to Re-initiate Proceedings After Conclusion of Pending Company Appeal Before National Company Law Appellate Tribunal.

16 Mar 2026

The writ petition was filed under Article 226 of the Constitution of India before the High Court of Judicature at Madras. The petitioner, S. Hari Kart...

Supreme Court

Supreme Court Allows Appeal by Insolvency and Bankruptcy Board of India in Jurisdictional Dispute Over Trial of IBC Offences. Held that Reference to Special Court under Chapter XXVIII of Companies Act, 2013 in Section 236(1) IBC is Legislation by Incorporation, Not Affected by Subsequent Amendment.

29 Apr 2024

The appeal arises from a challenge by the Insolvency and Bankruptcy Board of India (IBBI) against the judgment of the Bombay High Court quashing the o...

High Court

Bombay High Court Dismisses Writ Petition Challenging NCLT Order Approving Resolution Plan Under IBC — Alternative Remedy Under Section 61 IBC Available. The court held that the NCLT's order approving the resolution plan was not vitiated by any jurisdictional error and the writ petition under Article 226 was not maintainable.

28 Jan 2020

The petitioners, Kotak Investment Advisors Limited and Rahul Shah, filed a writ petition under Article 226 of the Constitution of India before the Bom...

High Court

Karnataka High Court Pronounces Final Order in Writ Petition Challenging Minutes of Committee of Creditors Meeting under IBC, 2016. Key Issue Involved Adequacy of Notice under Section 24 and Natural Justice in Approval of Resolution Plan.

22 Apr 2024

The writ petitioner, a suspended director of Associate Decor Limited (a company under corporate insolvency resolution process), challenged the minutes...

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