Prepacks for MSMEs
Download the presentation on Prepacks and watch the Video explaining the entire process of Prepacks as envisaged in the Ordinance.
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Pre-packs & 29A
- By: Prakul Thadi
- prepacks
- Feb 28
- Comments (0)
The Sub-Committee of ILC recommended retention of Sec. 29A for Pre-packs. The article recommends two key amendments, in light of this.
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Madras HC: IBBI is empowered to levy fee as a % of Annual Remuneration drawn as an IP
- By: Prakul Thadi
- Regulations
- Aug 18
- Comments (0)
The power of the Insolvency And Bankruptcy Board Of India (the “IBBI”) to levy fee of 0.25% of the professional fee earned for services rendered as an IP in the preceding financial year and also 0.25% of the turnover of an IPE in the preceding financial year and the regulations thereof were challenged before the Hon’ble High Court of Judicature at Madras.
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When there’s no wisdom, how come “Commercial Wisdom”?
- By: Prakul Thadi
- Ushdev international
- Aug 11
- Comments (0)
An interesting case where the Adjudicating Authority made critical comments on the so-called Commercial Wisdom of the Committee of Creditors. It emphasised that the CoC has not at all applied its mind and that there was no element of wisdom displayed, leave alone the ‘commercial wisdom’…
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IBBI amends Liquidation Process and Voluntary Liquidation Process Regulations
- By: Prakul Thadi
- Liquidation
- Aug 8
- Comments (0)
IBBI Liquidation and Voluntary Process Regulations amended on 05.08.2020
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IBBI amends Insolvency Resolution Process Regulations
- By: Prakul Thadi
- Voting on Resolution Plan
- Aug 8
- Comments (0)
A glimpse on the amendments made by IBBI to the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016
Read MoreJUDICIAL INTERVENTION AND IBC
- By: Prakul Thadi
- NCLT
- Jun 15
- Comments (0)
The article tries to establish how the judicial intervention of NCLT, NCLAT and Supreme Court helped establish the objective of the IBC
Read MoreSC: NOT INCLINED TO INTERFERE WITH THE DECISION OF CoC OF DHFL TO COMMENCE LENDING OPERATIONS
- By: Prakul Thadi
- Supreme Court
- Feb 4
- Comments (0)
The Supreme Court rejected the plea of depositors of DHFL and opined that it is not inclined to interfere with the decision of CoC. This article is an attempt to explore FRDI Bill assuming DHFL is being resolved under FRDI.
Read More“GOVERNING LAW” CLAUSE OF AN AGREEMENT CANNOT RESTRICT THE JURISDICTION OF NCLT: NCLAT
- By: Prakul Thadi
- NCLAT
- Dec 13
- Comments (0)
“GOVERNING LAW” CLAUSE OF AN AGREEMENT CANNOT RESTRICT THE JURISDICTION OF NCLT: NCLAT CASE SUMMARY EXCEL METAL PROCESSORS LIMITED – Appellant Vs BENTELER TRADING INTERNATIONAL GMBH AND ANR. – Respondents (Company Appeal (AT) (Insolvency) No. 782 of 2019) Judgment dated 21.08.2019 by Justice S. J. Mukhopadhaya and Justice A.I.S. Cheema 1. Issue in Consideration: Whether the
Read MoreNCLT HAS THE POWER TO EXCLUDE THE PERIOD OF DELAY IN APPOINTING THE “RP” IN PLACE OF THE “IRP”: NCLAT
- By: Prakul Thadi
- Resolution Appicant
- Dec 13
- Comments (0)
NCLT HAS THE POWER TO EXCLUDE THE PERIOD OF DELAY IN APPOINTING THE “RP” IN PLACE OF THE “IRP”: NCLAT CASE SUMMARY Mrs. Vandana Garg – Appellant vs Reliance Capital Ltd. & Anr. – Respondent (Company Appeal (AT) (Insolvency) No. 603 of 2019) Order dated July 2, 2019 by Justice S.J. Mukhopadhaya (Chairperson), Justice A.I.S.
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