Articles by CS Peer mehboob

Insolvency initiation application for recovery of interest only is not maintainable under IBC

Posted by CS Peer mehboob 27 February 2023 1969 Views

In the recent NCLAT matter decided on 03rd February, 2023, NCLAT dealt with one of such issues on interest on operational debt. This article covers this case law of NCLAT in brief with its analysis.

Report on Group Insolvency: Key Highlights

Posted by CS Peer mehboob 25 February 2023 2699 Views

On 18th January 2023, the MCA had placed the second report of the CBIRC on enterprise group insolvency based upon UNCITRAL Model Law for enterprise group insolvency.

Proposed amendments in IBC in the year 2023

Posted by CS Peer mehboob 07 January 2023 12656 Views

The amendments vide Insolvency and Bankruptcy Code (Amendment) Bill 2022 to the Insolvency and Bankruptcy Code (IBC), which came into force in 2016 for timely resolution of stressed assets, are expected to be introduced in the Budget session of Parliament early next year.

Key Highlights of IBBI Regulations, 2022

Posted by CS Peer mehboob 05 November 2022 1362 Views

On 31st October 2022, IBBI has amended the IBBI( Model Byelaws and Governing Board of Insolvency Professional Agencies) Regulations, 2016 vide IBBI( Model Byelaws and Governing Board of Insolvency Professional Agencies) (Second Amendment) Regulations, 2022.

Management Aspects in Insolvency and Bankruptcy Process

Posted by CS Peer mehboob 15 March 2022 3398 Views

As per section 17 of the Insolvency and Bankruptcy Code, from the date of appointment of the interim resolution professional, the interim resolution professional vested with the management of the corporate debtor.

Insolvency and Bankruptcy Code Provisions relating to Personal Guarantors - All Writ Petitions transferred to SC

Posted by CS Peer mehboob 04 November 2020 2798 Views

The Supreme Court has directed that writ petitions involving IBC 2016 and other provisions related to personal guarantors shall not be entertained by any High Court.

Commencement Notification of Companies (Amendment) Act, 2019

Posted by CS Peer mehboob 19 August 2019 6432 Views

MCA Commencement Notification of Companies(Amendment) Act, 2019Ministry of Corporate Affairs (MCA) has vide its Commencment Notificaition dated 14.08.2019, app...

Analysis of the amended provisions of Extract of Annual Return (Form MGT-9)

Posted by CS Peer mehboob 29 May 2019 22217 Views

Introduction:The Companies (Amendment) Act 2017 ('CAA, 2017') introduced several amendments to the Companies Act 2013, realigning existing provision

ACTIVe form - Practical difficulties and unresolved issues

Posted by CS Peer mehboob 29 April 2019 8338 Views

Introduction:The Ministry of Corporate Affairs (MCA) through notification dated 21st February, 2019 introduced the Companies (Incorporation) Amendment Rules, 20...

Brief Analysis on recent Supreme Court's judgement striking down RBI's Circular on debt resolution

Posted by CS Peer mehboob 23 April 2019 12531 Views

Introduction:On April 2, 2019, Supreme Court, in the matter of Dharani Sugars and Chemicals Ltd. Vs. Union of India, delivered a landmark judgement, which deals...