Two Judgments bring the Insolvency and Bankruptcy Board of India into focus
Two recent Supreme Court decisions shine a light on the IBBI and its proper function as a regulator.
The Swiss Ribbons judgment – The Supreme Court upholds the constitutional validity of the IBC
The Supreme Court recently upheld the constitutionality of the IBC. I agree with the Court’s conclusion, but I don’t agree with how it got there.
New Developments on the IBC – Vindication Much?
Two news items that made me smile.
Evoking Navroz Seervai – A Conversation On Sabarimala, Religious Freedom and Sexism
Navroz Seervai and I talk constitutional law and the Sabarimala judgment.
ArcelorMittal Part III – Of Choppers And Changes
The final part of my analysis of the Supreme Court's ArcelorMittal judgment, focusing on the Supreme Court's views of how the 270 day timeline prescribed by the IBC is to be managed.
Section 29A and Ghosts – The Supreme Court Weighs in on Essar Steel (Part II)
Part II of my analysis of the super-important ArcelorMittal judgment. This one deals with the Supreme Court's view of what factors are to be considered to determine the eligibility of a bidder.
The Big Essar Steel Judgment – Part I (Matters of Control)
Last Thursday, the Supreme Court passed what is, viewed from any angle, the most significant judgment in the short history of the Insolvency and Bankruptcy Code. My piece.
Circular Logic: Power Producers Get Shown the IBC Door
Since the time the government opened up the sector for investment, the story of India’s private power producers has resembled that of Mr. Micawber – and they are about to be put into a modern day version of debtors’ prison, after the Allahabad High Court refused to spare them the ignominy of IBC proceedings.
The Ravi Kadam Interview
I interview Ravi Kadam, one of the country's top senior advocates, and one of the most sought-after counsel in IBC matters.
Finally – The Government Moves Towards Enacting The Model Law On Cross-Border Insolvency
After being told to do so for decades, the Government has finally decided that it is time for India to adopt the UNCITRAL Model Law on Cross-Border Insolvency.