CIRP – Lawcutor

Supreme Court Overrules High Court’s Interference in CIRP Under IBC

IBC as a Complete Code The Supreme Court, on January 2, disapproved of the Karnataka High Court’s intervention in the Corporate Insolvency Resolution Process (CIRP), emphasizing that the Insolvency and…

Lender who advanced interest free loans corporate body is also Financial Creditor; can initiative CRIP : SC

The Supreme Court observed that a lender who advanced interest free loans to finance the business operations of a corporate body is a Financial Creditor and competent to initiate the…

Supreme Court: Any dispute under section 8 of IBC must truly be in facts and not suspicious or hypothetical.

The Appeal was made under section 62 of IBC against NCLAT order, upholding an order by NCLT which admitted petition under Section 9 IBC. Justices UU Lalit and Vineet Saran…