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Bharat Law Team
3 Mar·7 min read
The ICICI Bank Ltd. v. Era Infrastructure simultaneous CIRP Supreme Court judgment settles whether creditors must elect between debtor and guarantor, addressing double recovery safeguards and NCLT discretion.
Bharat Law Team
2 Dec·5 min read
NCLAT affirms that a pre-existing dispute bars insolvency action against Voltas, reinforcing that the IBC cannot be misused as a debt-recovery tool. The tribunal highlights documentation gaps, commercial disputes, and Mobilox principles to dismiss the Section 9 petition.
Chintan Shah
6 May·2 min read
NCLT recognizes SWAMIH Fund’s loan as interim finance under IBC, ensuring top repayment priority for last-mile project funding.
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