On Premature Withdrawals
The Insolvency Code finally allows applications to be withdrawn. My take on what this entails.
Hitting the Highlights of the Spanking New Amendments to the IBC
The Insolvency and Bankruptcy Code just got a facelift. It's partly botched, but we can't expect better than this.
What Do We Do With a Winning Bidder? A Proposed Solution to the Binani Cement Mess
An attempt to resolve the questions posed by Ultratech's tenacious pursuit of Binani Cement in complete defiance of the CoC's decision to declare Dalmia Bharat as the winning bidder.
The Three Goals of the Insolvency and Bankruptcy Code
The Insolvency and Bankruptcy Code was drafted with three definite goals in mind. Here they are.
Section 29A – the Insolvency Code’s Penguin-Sized Mistake
The recent amendments suggested to Section 29A hide a simple truth, that 29A has no place in the Insolvency Code, and its continuing presence is like that of Mumbai's imported Humboldt penguins: a headache, expensive and wholly unnecessary..
The Indefensible Protection of Guarantors
Two recent judgments shine a spotlight on a tricky issue: does the moratorium period under the IBC protect guarantors?