NLUD Wins 1st RGNUL National Corporate Liquidation Process Competition

Rajiv Gandhi National University of Law (RGNUL), through its Insolvency and Bankruptcy Law Division under the Centre for Business Laws and Taxation, successfully hosted the 1st RGNUL National Corporate Liquidation Process Competition. The competition brought together leading law schools to deliberate on complex issues arising under the Insolvency and Bankruptcy Code, 2016. The final round…

Defunct Scheme Of Arrangement Under Companies Act Cannot Stall Corporate Insolvency Resolution Process : Supreme Court

The Supreme Court on Tuesday (February 24) held that a defunct Scheme of Arrangement under the Companies Act cannot stall the Corporate Insolvency Resolution Process proceedings under the Insolvency & Bankruptcy Code, 2016. A bench of Justices Sanjay Kumar and K Vinod Chandran set aside the NCLAT’s decision, which had kept in abeyance the CIRP…