DNLU to host Corporate Law Summit 2026, invites abstracts on IBC, CIRP, PIRP and more

Liquidation

B) Panel Discussion- The IBC (Amendment) Act, 2026 marks an important development in India’s insolvency framework, seeking to strengthen the efficiency, predictability, and effectiveness of insolvency resolution. With significant implications for creditors, corporate debtors, resolution professionals, investors, and other stakeholders, the amendments raise important questions about the future direction of insolvency law in India. This…

Cruise company plunges into administration with £4,000 ‘once in a lifetime’ holidays in limbo

Bankruptcy

Passengers looking forward to a cruise up the Western Australian coast have been left in limbo after the luxury cruise company went into administration. The high-end cruise, which travels remote parts of the pristine Kimberley coastline, is still being advertised, however. Those with existing bookings say they have not been notified of the company’s insolvency.…

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Liquidation

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IBC: Successful Resolution Applicant Cannot Back Out After CoC Approves Resolution Plan, Supreme Court Rules

Liquidation

Once the Committee of Creditors (CoC) approves a resolution plan and issues a Letter of Intent (LoI), the successful resolution applicant (SRA) cannot reopen negotiations or withdraw from the plan by claiming that the LoI was conditional, the Supreme Court has held. Stressing that such attempts would undermine the Insolvency and Bankruptcy Code‘s (IBC) time-bound…

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Liquidation

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