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Insolvency and Bankruptcy Act

Delhi HC Rejects Civil Suit Challenging CIRP, Affirms NCLT’s Exclusive Jurisdiction Under IBC [Read Judgment]
Judiciary
Delhi HC Rejects Civil Suit Challenging CIRP, Affirms NCLT’s Exclusive Jurisdiction Under IBC [Read Judgment]

Delhi High Court dismisses civil suit challenging CIRP, holds NCLT has exclusive jurisdiction under IBC, bars parallel civil proceedings.

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SC upholds resolution plan by JSW Steel for Bhushan Power & Steel Ltd [Read Judgment] Business
SC upholds resolution plan by JSW Steel for Bhushan Power & Steel Ltd [Read Judgment]

SC upholds JSW Steel’s ₹19,700 Cr resolution plan for Bhushan Power & Steel, rejecting ex-promoters’ plea and reinforcing IBC’s finality.

Unfair to deny flat buyer's claim after publication of financial creditors list under IBC: SC [Read Judgment] Judiciary
Unfair to deny flat buyer's claim after publication of financial creditors list under IBC: SC [Read Judgment]

SC: Unfair to deny flat buyer’s claim once listed as financial creditor under IBC; directs handover of apartment within two months.

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