Updates



Quick updates to help our readers stay up to date on various legal and regulatory developments. It is not intended to be an analysis on the subject, but merely a brief snapshot.

04th Jun, 2021

Banks as Financial Creditors cannot appropriate any amount towards their dues from Corporate Debtors during the moratorium period

  • Corporate Restructuring & Insolvency,
  • Disputes

19th Apr, 2021

NCLAT: Resolution applicant can change the nature of business of the Corporate Debtor to add value or create synergy to the existing assets

  • Corporate Restructuring & Insolvency,
  • Disputes

08th Mar, 2021

Calcutta High Court: Applicability of moratorium under IBC on companies and its directors being categorized as 'wilful defaulters' as per RBI guidelines

  • Finance,
  • Corporate Restructuring & Insolvency,
  • Disputes

18th Nov, 2020

IBBI amends regulations relating to CIRP

  • Corporate Restructuring & Insolvency

19th Oct, 2020

Standardisation of procedure to be followed by Debenture Trustee(s) in case of 'Default' by Issuers of listed debt securities

  • Corporate and M&A,
  • Finance,
  • Corporate Restructuring & Insolvency

On October 13, 2020, the Securities and Exchange Board of India (“SEBI”) issued a circular standardizing the procedure to be followed by debenture ...

04th Sep, 2020

IBBI notifies guidelines for proper use of caveats, limitations and disclaimers in valuation reports by Registered Valuers

  • Corporate Restructuring & Insolvency

02nd Sep, 2020

SEBI issues relaxation from default recognition due to restructuring of debts

  • Corporate and M&A,
  • Corporate Restructuring & Insolvency

12th Aug, 2020

IBBI NOTIFIES THE IBBI (INSOLVENCY RESOLUTION PROCESS FOR CORPORATE PERSONS) (FOURTH AMENDMENT) REGULATIONS, 2020

  • Corporate Restructuring & Insolvency

On August 7, 2020, the Insolvency and Bankruptcy Board Of India (“IBBI”) amended the Insolvency and Bankruptcy Board of India (Insolvency Resolutio...

10th Aug, 2020

RBI Update: MSME accounts standard as of March 01, 2020 eligible for restructuring

  • Corporate Restructuring & Insolvency

07th Aug, 2020

IBBI notifies the Insolvency and Bankruptcy Board of India (Liquidation Process) (Third Amendment) Regulations, 2020

  • Corporate Restructuring & Insolvency

The Insolvency and Bankruptcy Board of India (“IBBI”) has issued a notification dated August 5, 2020 notifying Insolvency and Bankruptcy Board of I...

06th Aug, 2020

IBBI notifies the IBBI (Voluntary Liquidation Process) (Second Amendment) Regulations, 2020

  • Corporate Restructuring & Insolvency

05th Aug, 2020

Madras HC dismisses writ petition challenging the validity of fees to be paid by insolvency professionals to the IBBI

  • Corporate Restructuring & Insolvency,
  • Disputes

The Madras High Court, on July 28, 2020, dismissed a writ petition challenging the constitutional validity of regulations 7(2)(ca) and 13(2)(ca) of...



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