Insolvency & Bankruptcy

All ACM Legal insights filed under Insolvency & Bankruptcy — case notes, analysis and practical guidance.

Insolvency & Bankruptcy August 22, 2026

The IBC (Amendment) Act, 2026: Legislative Course Correction and the Dawn of Out-of-Court Resolutions

The IBC Amendment Act 2026 marks the most significant recalibration of India’s insolvency regime since the enactment of the Insolvency and Bankruptcy Code in 2016. That…

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Insolvency & Bankruptcy June 16, 2025

Corporate Debtors Can’t Backtrack on Prior Approvals: NCLT Upholds Liability Despite Change in Position

I. Introduction In a significant ruling delivered on 9th May 2025, the National Company Law Tribunal (NCLT), New Delhi Bench, admitted an application under Section 9…

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Insolvency & Bankruptcy June 13, 2025

One Proceeding at a Time: NCLAT Bars Parallel Insolvency Applications Against Same Personal Guarantor

I. Introduction In a significant reaffirmation of procedural discipline under the Insolvency and Bankruptcy Code, 2016 (“IBC”), the National Company Law Appellate Tribunal (NCLAT), Chennai Bench,…

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Insolvency & Bankruptcy May 21, 2025

Supreme Court Upholds Resolution Plan in Bhushan Power & Steel Insolvency: Detailed Scrutiny of ED Powers, Section 29A Compliance, and NCLAT Jurisdiction

Kalyani Transco v. M/s Bhushan Power and Steel Ltd. & Ors. I. Introduction and Background In a landmark pronouncement, the Supreme Court of India adjudicated upon…

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Insolvency & Bankruptcy June 10, 2024

Supreme Court Upholds Government Dues in IBC Resolution Plans: Dismisses Review Petitions Against ‘Rainbow Papers’ Judgement

On October 31, 2023, the Supreme Court of India delivered a significant judgment in the case of Sanjay Kumar Agarwal v. State Tax Officer, dismissing a…

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Insolvency & Bankruptcy February 14, 2024

Supreme Court’s Ruling on the validity of provisions of Personal Guarantors under the Insolvency and Bankruptcy Code

Introduction to the Verdict on Personal Guarantors The Supreme Court of India delivered a landmark judgement on November 9, 2023, addressing the constitutional validity of the…

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Insolvency & Bankruptcy

The IBC (Amendment) Act, 2026: Legislative Course Correction and the Dawn of Out-of-Court Resolutions

Corporate Debtors Can’t Backtrack on Prior Approvals: NCLT Upholds Liability Despite Change in Position

One Proceeding at a Time: NCLAT Bars Parallel Insolvency Applications Against Same Personal Guarantor

Supreme Court Upholds Resolution Plan in Bhushan Power & Steel Insolvency: Detailed Scrutiny of ED Powers, Section 29A Compliance, and NCLAT Jurisdiction

Supreme Court Upholds Government Dues in IBC Resolution Plans: Dismisses Review Petitions Against ‘Rainbow Papers’ Judgement

Supreme Court’s Ruling on the validity of provisions of Personal Guarantors under the Insolvency and Bankruptcy Code

The IBC (Amendment) Act, 2026: Legislative Course Correction and the Dawn of Out-of-Court Resolutions

Foreign Awards and Currency Conversion: The Supreme Court Clarifies in DLF v. Končar

Section 21 Notice and Arbitration: Supreme Court Lowers the Procedural Guardrails

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Insolvency & Bankruptcy

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