Liquidation
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Bhushan Steel-II Case | Understanding the Supreme Court’s Change of Heart
Preliminary (Quiz) Notes: This is a two-part series on the Bhushan Steel saga. In Part-I, I discuss the Supreme Court’s - now recalled – first judgment where it decided to liquidate Bhushan Power and Steel. In…
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Bhushan Steel – I Case | Understanding the Supreme Court’s Liquidation Order
Preliminary (Quiz) Notes: This is a two-part series on the Bhushan Steel saga. In Part-I, I discuss the Supreme Court’s - now recalled – first judgment where it decided to liquidate Bhushan Steel. In Part-II, I…
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IBC (Amendment), 2026 Series – VI | An Overview of the CoC’s Evolving (and Expanding) Role
The Insolvency and Bankruptcy Code (Amendment) Act, 2026 (‘IBC Act, 2026’) - inter alia – expands role of the Committee of Creditors (‘CoC’) in the Insolvency and Bankruptcy Code, 2016 (‘IBC’). The most notable expansion is that…
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IBC (Amendment), 2026 Series – III | Restoring CIRP under the IBC: A New Portal Opens
The Insolvency and Bankruptcy Code (Amendment) Act, 2026 (‘IBC Act, 2026’) amends the Insolvency and Bankruptcy Code, 2016 (‘IBC’) and empowers the National Company Law Tribunal (‘NCLT’) to restore Corporate Insolvency Resolution Process (‘CIRP’) before passing an…
