IBC Laws Blog

Glas Trust Company LLC v Byju Raveendran: Reaffirming Collective Interest Principle in IBC Settlements – By Preeti Thakur

Glas Trust Company LLC v Byju Raveendran: Reaffirming Collective Interest Principle in IBC Settlements  Preeti Thakur Second Year LL.B. (Hons.), National Law School , Bengaluru Introduction The Insolvency and Bankruptcy Code, 2016 (“IBC”) was...

Decoding the Conundrum of Rectificatory Jurisdiction of NCLT under Section 59 of Companies Act – By Ashita Chawla & Amarpal Singh Dua

Decoding the Conundrum of Rectificatory Jurisdiction of NCLT under Section 59 of Companies Act  Ashita Chawla & Amarpal Singh Dua Advocates Practicing before the Supreme Court of India Introduction This article intends to analyse the scope of...

Navigating Procedural Complexities Concerning Resolution Plans in Insolvency Law: Recent Precedents and Implications – By Shivansh Kaushik and Chetana Goud

Navigating Procedural Complexities Concerning Resolution Plans in Insolvency Law: Recent Precedents and Implications Shivansh Kaushik  4th Year, B.A. L.L.B. (Hons.), NLU Odisha Chetana Goud 4th Year, B.A. L.L.B. (Hons.), NLU Shimla Abstract The...

Digital Disruption and Debt Resolution: A New Paradigm –

Digital Disruption and Debt Resolution: A New Paradigm Shivangi Gupta 5th Year BA. LL.B.(Corporate Law Hons.), School of Law, UPES, Dehradun Introduction “AI is present to provide a facilitative tool to judges in order to recheck or evaluate the...

Creditor in Control vs. Debtor in Possession – An Evaluation and Exploration of their Efficiency – By Sudhanva Bharadwaj

Creditor in Control vs. Debtor in Possession – An Evaluation and Exploration of their Efficiency Sudhanva Bharadwaj 4th year law student, B.A. LL.B. (Hons.), Jindal Global Law School Abstract The debate surrounding whether legal systems of...

The Evolution of Pre-CoC Settlements Under IBC: Analyzing the Impact of GLAS Trust v. Byju Raveendran Or Deviation from the earlier precedents: Why Byju’s judgment revives certain old but dead problems – By Pervinder Chatrapati & Shikher Upadhyay

The GLAS Trust judgment represents a significant shift toward procedural rigidity in pre-CoC settlements. While this promotes consistency and creditor protection, it necessitates careful navigation of the prescribed...

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