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SC to examine whether insolvency moratorium can halt cheque bounce proceedings against firms, directors

The Supreme Court referred to a larger bench key questions on whether insolvency moratorium provisions under the Insolvency and Bankruptcy Code can stay cheque bounce proceedings under the Negotiable Instruments Act, including cases involving company directors and compensation recovery during insolvency proceedings Published Date – 28 May 2026, 07:45 PM … Read…

A Decade of IBC: Revolutionizing India’s Insolvency Framework

The Insolvency and Bankruptcy Code (IBC), celebrating its tenth anniversary, has transformed India’s credit markets and economic efficiency. Introduced in 2016, the IBC has enabled the realization of over four lakh crore rupees for creditors, modernizing and uniting the previously fragmented insolvency framework. As of March 2026, the Ministry of Corporate Affairs reports 1,419 cases…