The Insolvency and Bankruptcy Code, 2016 (IBC) is a comprehensive legislation that consolidates laws relating to insolvency resolution and liquidation of corporate persons, partnership firms, and individuals in India. These notes are structured to help law students, judiciary aspirants, and professionals understand IBC conceptually, procedurally, and judicially , starting from foundational principles to landmark judgments.
I. Introduction and Foundational Concepts of IBC Topic View Here Overview on Insolvency and Bankruptcy Code, 2016 View Here Salient Features of the Insolvency and Bankruptcy Code, 2016 View Here Insolvency vs. Bankruptcy vs. Liquidation: Key Differences View Here Overview of Laws Relating to Corporate Insolvency View Here Pillars of Insolvency and Bankruptcy Code (Regulatory Bodies) View Here Adjudicating Authority under Insolvency and Bankruptcy Code View Here Information Utility under IBC View Here Insolvency Professionals under IBC View Here Insolvency Professional Agency under IBC View Here Examining the Bankruptcy Laws of the United States, Great Britain, and India View Here
II. Core Definitions and Key Stakeholders Topic View Here Who is a Creditor under IBC? View Here Financial Creditor under IBC View Here Financial Debt and Operational Debt under IBC View Here Corporate Guarantor under IBC View Here Who is a Related Party to Corporate Debtor in IBC? View Here List of Stakeholders under IBC View Here
III. Initiation of Corporate Insolvency Resolution Process (CIRP) Topic View Here Corporate Insolvency Resolution Process under IBC View Here Persons Who May Initiate CIRP under IBC View Here CIRP by Financial Creditor – Section 7 of IBC View Here Insolvency Resolution by Operational Creditor View Here Initiation of CIRP by Corporate Applicant under Section 10 View Here Persons Not Entitled to Make an Application – Section 11 View Here Disposal of Applications under Section 11A of IBC View Here Section 10A: Suspension of Initiation of CIRP View Here Commencement of Corporate Insolvency Resolution Process View Here Time Limit for Completion of CIRP View Here Withdrawal of CIRP Application under Section 12A View Here
IV. Moratorium and Public Announcement Topic View Here Declaration of Moratorium and Public Announcement – Section 13 View Here Moratorium under Section 14 of IBC View Here Public Announcement of CIRP – Section 15 View Here
V. Interim Resolution Professional (IRP) Topic View Here Who is Interim Resolution Professional under IBC? View Here Eligibility Criteria for Insolvency and Resolution Professionals under IBC View Here Duties of Interim Resolution Professional – Section 18 View Here Personnel to Extend Cooperation to IRP – Section 19 View Here Management of Affairs of Corporate Debtor by IRP View Here
VI. Resolution Professional and Committee of Creditors Topic View Here Management of Operations of Corporate Debtor as a Going Concern – Section 20 View Here Appointment of Resolution Professional – Section 22 View Here Conduct of CIRP by Resolution Professional – Section 23 View Here Duties of Resolution Professional – Section 25 View Here Replacement of Resolution Professional by CoC – Section 27 View Here Committee of Creditors under IBC View Here Committee of Creditors with Only Operational Creditors under IBC View Here Committee of Creditors with Only Operational Creditors in a Class View Here Notice of Meeting of Committee of Creditors View Here Meeting of Committee of Creditors – Section 24 View Here Stakeholders Consultation Committee under IBC View Here
VII. Resolution Plan Process Topic View Here Meaning of Resolution Plan under IBC View Here Preparation of Information Memorandum – Section 29 View Here Persons Not Eligible to be Resolution Applicant – Section 29A View Here Process of Inviting Resolution Plan by CoC View Here Approval of Resolution Plan by Committee of Creditors View Here
VIII. Special Insolvency Processes Topic View Here 4 Types of Insolvency Processes of Corporate Persons under IBC View Here Fast Track Corporate Insolvency Resolution Process under IBC View Here Understanding Pre-Packaged Insolvency under IBC View Here Pre-Packaged Insolvency Resolution Process under IBC View Here Analysing Pre-Pack Resolutions under IBC View Here
IX. Liquidation of Corporate Persons under IBC Topic View Here Initiation of Liquidation under IBC View Here Liquidation for Corporate Persons under IBC View Here Liquidation of Corporate Persons under Section 34 View Here Appointment of Liquidator under Section 34 View Here Powers and Functions of Liquidator under IBC View Here Powers of Liquidator to Access Information – Section 37 View Here Liquidation Estate under Section 36 View Here Consolidation and Verification of Claims under IBC View Here Secured Creditor in Liquidation Proceedings – Section 52 View Here Sale of Corporate Debtor as a Going Concern View Here Distribution of Assets under IBC View Here Reportings by Liquidator under IBC View Here Completion of Liquidation and Dissolution of Corporate Debtor View Here The Process of Liquidation under the IBC, 2016 View Here
X. Voluntary Liquidation Topic View Here What is Voluntary Liquidation under IBC View Here Voluntary Liquidation Process under IBC View Here
XI. Avoidance and Questionable Transactions Topic View Here Preferential Transactions under IBC View Here Avoidance of Undervalued Transactions under IBC View Here Extortionate Credit Transactions under IBC View Here
XII. Appeals and Post-CIRP Issues Topic View Here Adjudicating Authority for Corporate Persons under IBC View Here Appeals under Insolvency and Bankruptcy Code View Here SEBI vs. IBC – A Post CIRP Anomaly View Here
XIII. Corporate Restructuring and Alternatives Topic View Here What is Restructuring and Its Types? View Here Difference Between Internal and External Corporate Restructuring View Here An Overview on External Corporate Restructuring View Here Debt Restructuring vs. Bankruptcy: Which Is Better Legally? View Here
XIV. Landmark Judgments under Insolvency and Bankruptcy Code Case View Here Swiss Ribbons Pvt. Ltd. v. Union of India View Here Arcelor Mittal India Pvt. Ltd. v. Satish Kumar Gupta View Here M/s Innovative Industries Ltd. v. ICICI Bank View Here Mobilox Innovations Pvt. Ltd. v. Kirusa Software Pvt. Ltd. View Here M/s Shilpi Cable Technologies Ltd. v. Macquarie Bank Ltd. View Here M/s Unigreen Global Pvt. Ltd. v. Punjab National Bank View Here Sree Metaliks Ltd. v. Union of India View Here Starlog Enterprises Ltd. v. ICICI Bank View Here Assam Tea EPFO v. Madhur Agarwal View Here Rainbow Papers Judgment under IBC View Here
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