MoS inaugurates new ATC Tower at Kolhapur Airport (See 'Corp Brief') Chouhan announces Rs 339 Cr aid for development of Agri sector in Nagaland (See 'Corp Brief') India to study sustainability of Human Life in Space: MoS (See 'Corp Brief') PMLA - Under PMLA reasons to believe should not only be with regard to possession of proceeds of crime but also about its likelihood to be concealed, transferred or dealt with: TRIBUNAL (See 'Legal Desk') 'Aatmnirbhar Bharat' in Quantum Tech: Indigenous approaches discussed at CSIR-NPL (See 'Corp Brief') DEPwD organizes 'Inclusive India Summit' (See 'Corp Brief') IBC - Case can be disposes of with direction to Mr. Surender Devasani to inform Board regarding results of ongoing investigation by RoC Bangalore: IBBI (See 'Legal Desk') India reaffirms commitment to Buddha's Timeless Teachings (See 'Corp Brief') Competition Act - If challenged differentiation rests on objective commercial justification, or if it is open on identical terms to every purchaser similarly placed, then price can't be stigmatised as abusive: SC (See 'Legal Desk') 'Inclusive India Summit' to be organized on Global Accessibility Awareness Day - 15th May 15 (See 'Corp Brief') IPR - Mere addition of suffixes would not make any significant difference to test of deceptive similarity: HC (See 'Legal Desk') MoS launches Voluntary Blood Donation Drive by DoPT (See 'Corp Brief') IBC - Date of default mentioned in Part IV of application u/s 7 of IBC can't be changed merely on basis that arbitral award was passed subsequent to filing of application: NCLAT (See 'Legal Desk') CCI approves demerger of MDO Business of Thriveni Earthmovers into Thriveni Earthmovers (See 'Corp Brief') CCI nod for acquisition of shareholding in EPL Limited by Indorama Netherlands (See 'Corp Brief') IBC - NCLAT, acting as Adjudicating Authority under Insolvency and Bankruptcy Code, has no power to condone delays in filing appeals beyond prescribed limit of 45 days u/s 61(2): SC (See 'Legal Desk') CCI okays combination by AIPCF VIII A-TE Funding L.P. in Perseus Parent L.P (See 'Corp Brief') A&C - Mere signing of discharge voucher does not bar arbitration if coercion is alleged: SC (See 'Legal Desk') CCI approves acquisition by Knowledge Realty Trust of entities belonging to Blackstone Group (See 'Corp Brief') PMLA - Prolonged incarceration of accused, where more than 100 witness are yet to be examined would entitle accused for grant of regular bail: HC (See 'Legal Desk') TRAI releases draft manual on rating of properties (See 'Corp Brief') PMLA - definition of value as per Section 2(1)(zb) cannot be read in isolation & must be read along with definition of property and proceeds of crime in order to achieve the aims & objectives of PMLA Act; no definition can be read in isolation: HC (See 'Legal Desk') Union Minister & Goa CM review progress of urban development schemes (See 'Corp Brief') A&C - Objections related to terms of redevelopment agreement raised by members of society can be decided only by appropriate forum having jurisdiction over such issues, and can't be adjudicated u/s 9 of Arbitration Act: HC (See 'Legal Desk') Minister of Ayush launches Weekly Yoga Podcast (See 'Corp Brief') FTDR - Unless specific allegations which discuss role of director in export performance are made, there is no question of finding director personally liable for non-fulfilment of export obligations by company: HC (See 'Legal Desk') Sex Ratio at birth improves from 899 to 913: Govt (See 'Corp Brief') Prevention of Money Laundering Act - Attachment of property can continue if person has not been made an accused : TRIBUNAL (See 'Legal Desk') A Landmark Ruling Reshaping the IBC Framework (See CORP EINSICHT)

CORP EINSICHT

By Ashwarya Sharma

A Landmark Ruling Reshaping the IBC Framework

Published: May 06, 2025

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