Effectiveness of Pre-Institution Mediation and Settlement under the Commercial Courts Act: A Data-Driven Analysis
The Commercial Courts Act, 2015 was amended in 2018 to introduce, among other things, the Pre-Institution Mediation and Settlement (PIMS) mechanism under Section 12A.
Debt, Default, and Admission: The Supreme Court Clarifies Scope of Section 7 of IBC
In Catalyst Trusteeship Ltd. v. Ecstasy Realty Pvt. Ltd., the Supreme Court of India revisited a fundamental question under the Insolvency and Bankruptcy Code, 2016
Procedure and Process: Key Features of the Debts Recovery Tribunal Regulations, 2024
The Debts Recovery Tribunal Regulations, 2024 that were introduced on 21st September, 2024 (Regulations) lay down detailed procedural rules governing Debt Recovery Tribunals (DRTs)
Looking Inside the DRT Process: When Cases Are Settled Through Lok Adalat
The Bruhat Bengaluru Mahanagara Palike (BBMP), the municipal corporation of Bengaluru city, till recently, managed core urban municipal functions in Bengaluru, including property tax administration, building regulations, and licensing.
High-Value Cases in Debt Recovery Tribunals: Legal Frictions
High-value debt recovery cases play a disproportionately important role in India’s financial system. While such cases reportedly constitute a very small fraction of the total caseload before Debt Recovery Tribunals (DRTs), they account for a dominant share of the total value of claims, prompting policy measures such as the creation of special DRT benches for cases above specified monetary thresholds.
When SEBI Meets the IBC Moratorium: Economic Implications of Considering SEBI under IBC
When two statutes with strong and overlapping powers apply to the same situation, a conflict of authority is inevitable.
