Insolvency Law In Review
22 dec 2020
The enactment of the Insolvency and Bankruptcy Code 2016 (Code) has had significant ramifications on the corporate insolvency landscape. Over time, the
Code has witnessed a manifold increase in litigation, and consequently in the number of decisions. This has made it difficult for insolvency practitioner. to stay updated with developments in the field. The purpose of this column is to fill this gap by providing brief summaries of latest decisions, from
the various fora dealing with Insolvency Law.
These case summaries are not an exhaustive review of the cases under the Code; only significant rulings on the Code in the month of November have been summarized. However, this does not negate the possibility of some important decisions being missed on account of human error. Further, since the purpose of the this endeavor is to keep practitioners abreast of relevant developments, the decisions summarized have not been comprehensively analyzed.