Finally – The Government Moves Towards Enacting The Model Law On Cross-Border Insolvency
After being told to do so for decades, the Government has finally decided that it is time for India to adopt the UNCITRAL Model Law on Cross-Border Insolvency.
On Premature Withdrawals
The Insolvency Code finally allows applications to be withdrawn. My take on what this entails.
Hitting the Highlights of the Spanking New Amendments to the IBC
The Insolvency and Bankruptcy Code just got a facelift. It's partly botched, but we can't expect better than this.
What Do We Do With a Winning Bidder? A Proposed Solution to the Binani Cement Mess
An attempt to resolve the questions posed by Ultratech's tenacious pursuit of Binani Cement in complete defiance of the CoC's decision to declare Dalmia Bharat as the winning bidder.
Two Big Bidders for Essar Steel Find Themselves Locked Out by the IBC
ArcelorMittal and NuMetal, two bidders for Essar Steel, are locked in an intense contest, not to outbid each other, but to be allowed to bid for Essar Steel in the first place.
The Three Goals of the Insolvency and Bankruptcy Code
The Insolvency and Bankruptcy Code was drafted with three definite goals in mind. Here they are.
Section 29A – the Insolvency Code’s Penguin-Sized Mistake
The recent amendments suggested to Section 29A hide a simple truth, that 29A has no place in the Insolvency Code, and its continuing presence is like that of Mumbai's imported Humboldt penguins: a headache, expensive and wholly unnecessary..
The Insolvency Law Review Panel Gives Homebuyers a Crumb of Comfort
Homebuyers may soon sit in the Committee of Creditors, deciding on the fate of insolvent companies.
The Indefensible Protection of Guarantors
Two recent judgments shine a spotlight on a tricky issue: does the moratorium period under the IBC protect guarantors?
The Binani Cement Battle – What Good Fun
Corporate warfare galore.