Blogs And Articles

By the team of Prime Legal
Supreme Court Sets IBC Precedent: Speculative Debt Acquisition to Manipulate Insolvency Proceedings Prohibited
Supreme Court Sets IBC Precedent: Speculative Debt Acquisition to Manipulate Insolvency Proceedings Prohibited
October 17, 2025by Primelegal Team

Introduction The Supreme Court recently held that speculative investors cannot invoke insolvency proceedings against borrowers under Section 7 of t

Non-Arbitrability of Post-Resolution Claims under the Insolvency and Bankruptcy Code (IBC): The Clean Slate Principle
Non-Arbitrability of Post-Resolution Claims under the Insolvency and Bankruptcy Code (IBC): The Clean Slate Principle
October 6, 2025by Primelegal Team

FACTS The Government of India executed a Production Sharing Contract (PSC) with MIEL (Petitioner in this case), GAIL, the Respondent, and others. T

When Does the Creditors Committee Actually Lose Power? Supreme Court’s Critical IBC Timeline Revealed
When Does the Creditors Committee Actually Lose Power? Supreme Court’s Critical IBC Timeline Revealed
September 30, 2025by Primelegal Team

INTRODUCTION The relevance and equity of the judgments made in a corporate insolvency resolution process (CIRP) turned into a debate issue since th

SC AFFIRMS NCLT’S AUTHORITY: TRIBUNAL EMPOWERED TO ADDRESS FRAUD IN OPPRESSION AND MISMANAGEMENT DISPUTES
SC AFFIRMS NCLT’S AUTHORITY: TRIBUNAL EMPOWERED TO ADDRESS FRAUD IN OPPRESSION AND MISMANAGEMENT DISPUTES
September 16, 2025by Primelegal Team

INTRODUCTION-  On September 2, 2025, the Supreme Court of India made a significant ruling in Mrs. Shailja Krishna v. Satori Global Limited & O

Supreme court decides on Moratorium’s scope: Individuals are held liable along with Director
June 20, 2024by Primelegal Team

Supreme court decides on Moratorium’s scope: Individuals are held liable along with Director CASE TITLE- Ansal Crown Heights Flat Buyers Associa

Directors/Officers of a company are Still liable even if the company is under a moratorium: Supreme Court
Directors/Officers of a company are Still liable even if the company is under a moratorium: Supreme Court
January 31, 2024by Primelegal Team

Case title: Ansal crown heights flat buyers association vs m/s. Ansal crown infrabuild Pvt. Ltd. & Ors. Case no.: Civil Appeal No. 4481 of 2023

Navigating the Transition: Delhi High Court’s Decision on Transfer of Winding Up Proceedings to NCLT under IBC    
Navigating the Transition: Delhi High Court’s Decision on Transfer of Winding Up Proceedings to NCLT under IBC   
September 26, 2023by Primelegal Team

Case Title: Uma Sharma v. Octagon Builders & Promoters & Anr.  Date of Decision: 21st September 2023  Case Number: CO.PET. 147/2014 &

IBC | It Is Not Arbitrary To Send A Demand Notice To A Personal Guarantor In Line With Rule 7(1)
IBC | It Is Not Arbitrary To Send A Demand Notice To A Personal Guarantor In Line With Rule 7(1)
August 2, 2023by Primelegal Team

Title:  Vineet Saraf v. Rural Electrification Corpn. Ltd.  Decided on: 21st July, 2023 + W.P. (C) 3293 of 2023 CORAM: HON’BLE MR. JUSTICE P

Secured Creditors and the Rainbow Impact on IBC
Secured Creditors and the Rainbow Impact on IBC
July 8, 2023by Primelegal Team

Abstract This article is based on the decision given by the hon’ble supreme court on STATE TAX OFFICER ( 1 ) VERSUS RAINBOW PAPERS LIMITED LNIND