![Jurisdiction of Authorities under PMLA ceases against Properties of Corporate Debtor once Liquidation is approved: Delhi High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/12/Jurisdication-of-Authorities-PMLA-Ceases-Corporate-Debtor-Liquidation-Delhi-HC-Taxscan.jpg "Jurisdiction of Authorities under PMLA ceases against Properties of Corporate Debtor once Liquidation is approved: Delhi High Court [Read Judgment]")
Jurisdiction of Authorities under PMLA ceases against Properties of Corporate Debtor once Liquidation is approved: Delhi High Court [Read Judgment]
The Delhi High Court held that the jurisdiction of Authorities under PMLA ceases against the properties of Corporate Debtor once liquidation is...
![Resolution Process has to be Completed Time Limit prescribed under IBC, any deviation would defeat object, purpose of providing Time Limit: SC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/12/Resolution-Process-IBC-Supreme-Court-Taxscan.jpg "Resolution Process has to be Completed Time Limit prescribed under IBC, any deviation would defeat object, purpose of providing Time Limit: SC [Read Judgment]")
![IBBI issues Clarification on requirement of seeking No Objection Certificate or No Dues Certificate from Income Tax Dept. during Voluntary Liquidation Process under IBC [Read Circular]](https://www.taxscan.in/wp-content/uploads/2021/11/IBBI-No-Objection-Certificate-No-Dues-Certificate-Income-Tax-Dept.-Voluntary-Liquidation-Process-IBC-Taxscan.jpg "IBBI issues Clarification on requirement of seeking No Objection Certificate or No Dues Certificate from Income Tax Dept. during Voluntary Liquidation Process under IBC [Read Circular]")
![Limitation Period For Appeal Under IBC begins from Date Of Pronouncement, delay in Uploading wont Exclude Limitation: Supreme Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/10/Limitation-Period-Appeal-IBC-Date-Of-Pronouncement-Supreme-Court-Taxscan.jpg "Limitation Period For Appeal Under IBC begins from Date Of Pronouncement, delay in Uploading wont Exclude Limitation: Supreme Court [Read Judgment]")
![Success Fees is more of Contingency and Speculative Nature, is not a part of Provisions of the IBC: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/09/IBC-NCLAT-Taxscan.jpg "Success Fees is more of Contingency and Speculative Nature, is not a part of Provisions of the IBC: NCLAT [Read Order]")
Moratorium Ordered under IBC not applicable on Proceedings on Directors or Management of Corporate Debtor: Supreme Court [Read Judgment]
The Supreme Court ruled that the moratorium ordered under the Insolvency and Bankruptcy Code (IBC) is not applicable on Proceedings in respect of Directors or Management Of Corporate Debtors. The...
![Moratorium Ordered under IBC not applicable on Proceedings on Directors or Management of Corporate Debtor: Supreme Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/09/Moratorium-IBC-Management-of-Corporate-Debtor-Supreme-Court-Taxscan.jpg "Moratorium Ordered under IBC not applicable on Proceedings on Directors or Management of Corporate Debtor: Supreme Court [Read Judgment]")
NCLAT not Empowered to condone delay exceeding 15 days from Period of 30 days under the provision of IBC: Supreme Court [Read Judgment]
The Supreme Court held that the National Company Law Appellate Tribunals (NCLAT) are not empowered to condone delay exceeding 15 days from the period of 30 days under the provision of the Insolvency...
![NCLAT not Empowered to condone delay exceeding 15 days from Period of 30 days under the provision of IBC: Supreme Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/09/NCLAT-IBC-Supreme-Court-Limitation-Period-Taxscan.jpeg "NCLAT not Empowered to condone delay exceeding 15 days from Period of 30 days under the provision of IBC: Supreme Court [Read Judgment]")
Insolvency Professional Agency can promptly realize Monetary Penalties imposed by Disciplinary Committee: Govt amends Rules [Read Notification]
The Central Government has notified a new amendment to the Insolvency and Bankruptcy Board of India (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) Regulations, 2016 wherein...
![Insolvency Professional Agency can promptly realize Monetary Penalties imposed by Disciplinary Committee: Govt amends Rules [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/07/Insolvency-Professional-Agency-Monetary-Penalties-Disciplinary-Committee-taxscan.jpg "Insolvency Professional Agency can promptly realize Monetary Penalties imposed by Disciplinary Committee: Govt amends Rules [Read Notification]")
High Courts to refrain from interfering with Corporate Insolvency Resolution Process as IBC is self-contained Code: Kerala HC [Read Judgment]
The Kerala High Court ruled that the High Courts should refrain from interfering with Corporate Insolvency Resolution Process as Insolvency and Bankruptcy Code, 2016 (“IBC” or “Code”) is a...
![High Courts to refrain from interfering with Corporate Insolvency Resolution Process as IBC is self-contained Code: Kerala HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/07/Corporate-Insolvency-Resolution-Process-IBC-Kerala-High-Court-Taxscan.jpg "High Courts to refrain from interfering with Corporate Insolvency Resolution Process as IBC is self-contained Code: Kerala HC [Read Judgment]")
Dues of Attached Vehicles belonging to Corporate Debtor can only be Recovered under IBC, not from Auction Purchasers: Gujarat HC [Read Judgment]
The Gujarat High Court held that the dues of Attached vehicles belonging to Corporate Debtor can only be recovered under the Insolvency and Bankruptcy Code and cannot be recovered from...
Relief to Dreamz Infra India: Karnataka High Court quashes Parallel Proceedings by State Govt. as IBC to override State Act [Read Order]
The Karnataka High Court while quashing the parallel Proceedings by the State Government against Dreamz Infra India ruled that the Insolvency and Bankruptcy Code, (2016 (IBC) will have an overriding...
![Relief to Dreamz Infra India: Karnataka High Court quashes Parallel Proceedings by State Govt. as IBC to override State Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/05/Dreamz-Infra-India-Karnataka-High-Court-State-Govt-IBC-State-Act-Taxscan.jpg "Relief to Dreamz Infra India: Karnataka High Court quashes Parallel Proceedings by State Govt. as IBC to override State Act [Read Order]")