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

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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…

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

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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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Jenny Craig Australia and New Zealand enters voluntary administration after US business files for bankruptcy

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Jenny Craig Australia and New Zealand has entered voluntary administration, less than a week after saying it would continue its local operations in the wake of the United States business filing for bankruptcy. Key points: Jenny Craig employees were informed the company had been placed into voluntary administration at a meeting earlier on Tuesday Last…