India: Insolvency/Bankruptcy

The resolution of financially distressed companies under the Insolvency and Bankruptcy Code, 2016 ("IBC") has consistently raised complex questions concerning the interplay...

On February 26, 2026, a two judge bench of the Supreme Court, In ICICI Bank Limited & Ors v. Era Infrastructure (India) Limited & Ors., confirmed that insolvency proceedings may run simultaneously against a principal borrower and its corporate guarantor for the same underlying debt.

The following is a snapshot of the important orders passed by the National Company Law Appellate Tribunal (“NCLAT”), under the Insolvency and Bankruptcy Code...

The March 2026 edition of Fox & Mandal's Dispute Resolution & ADR Newsletter analyses the 3-fold test to determine which procedural orders can be challenged under Section 34 of the Arbitration and Conciliation Act, 1996; ...

The Discussion Paper proposes several amendments to the CIRP Regulations, with an intent to strengthen creditor oversight, improve procedural discipline and reinforce value maximisation.

The Supreme Court, through its judgment dated 18.02.2026 in Power Trust (Promoter of Hiranmaye Energy Limited) v. Bhuvan Madan (Interim Resolution Professional of Hiranmaye Energy Limited) & Ors.

The High Court of Delhi through its judgment dated 12.02.2026 in Avantha Holdings Limited v. ICICI Bank Limited & Ors. while applying the principle of parity held that where substantial delay on one side is overlooked, …

In State Bank of India v Union of India & Ors., 2026 INSC 153 the Hon'ble Supreme Court examined the treatment of spectrum and telecom licenses in corporate insolvency resolution proceedings of telecom companies under the Insolvency and Bankruptcy Code, 2016 …

At the outset of a transaction with investors, the company's future trajectory is consciously contemplated. During negotiations, the parties envisage potential exit scenarios and their impact on shareholder returns.