2026 Supreme Court mid-year review: Insolvency and Bankruptcy

The first six months of 2026 saw notable decisions on insolvency by the Supreme Court in cases concerning admission of the Corporate Insolvency Resolution Process (CIRP), corporate guarantees, resolution applicants, limitation, licensed spectrum and the relationship between the Insolvency and Bankruptcy Code, 2016 (IBC) and other statutes.  This period coincided with an amendment to the…

German Prosecutors Search Sites Over Gazprom Unit Liquidation

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NCLT Kolkata Dismisses GST Consultant Fee Claim in CIRP |…

The determination of what constitutes legitimate “Insolvency Resolution Process Costs” under the Insolvency and Bankruptcy Code, 2016 remains a fertile ground for judicial scrutiny, particularly where informal professional engagements during the Corporate Insolvency Resolution Process are sought to be retrospectively clothed with statutory priority. A significant ruling on this subject was delivered by the National…

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