
Knowledge
Guarantees
Personal Guarantors under the Code: Section 95 and the Route to RecoveryThe notification of Part III, the forum, the stages from application to repayment plan and the choice between the Code and a suit on the guarantee.Read noteInsolvency
Financial and Operational Creditors: The Line the Code DrawsThe definitions, how each begins a process, the pre-existing dispute test, voting and treatment in plans and in liquidation.Read noteInsolvency
Avoidance Transactions: Preference, Undervalue and Fraudulent TradingThe look-back periods, the defences, the orders the tribunal may make and what creditors and counterparties should do.Read noteInsolvency
Sale of Assets in Liquidation: Modes, Valuation and the Secured CreditorHow the liquidator may sell, the reserve price, eligibility of buyers, the secured creditor's options and how a sale can be challenged.Read noteInsolvency
Appeals from the NCLT: NCLAT, the Supreme Court and the Time AllowedSection 61 and Section 62 appeals, the limited grounds against approval of a plan, condonation of delay and interim relief.Read noteStrategy
Choosing the Forum: Court, Tribunal, Arbitration or the CodeA comparison of the principal routes to recovery and the questions that decide among them, with notes on combining remedies and on jurisdiction.Read noteArbitration
Enforcing Arbitral Awards: Section 36, Section 34 and Foreign AwardsEnforcement as a decree, stay on deposit, the grounds for setting aside, and the position of foreign awards under Part II.Read noteArbitration
Interim Relief in Arbitration: Section 9, Section 17 and the Emergency ArbitratorProtection from the court and from the tribunal, the ninety-day rule, the efficacy test and relief in foreign-seated arbitrations.Read noteTribunals and SARFAESI
Writ Petition or Statutory Remedy: The Alternative Remedy Rule in Recovery MattersWhen the High Court will and will not entertain a petition against SARFAESI action and tribunal orders, and the deposit conditions on appeal.Read noteSettlements
The Mediation Act, 2023: Pre-Litigation Mediation and Settlement AgreementsScope, voluntary pre-litigation mediation, timelines, confidentiality and the enforceability and limited challenge of mediated settlements.Read noteSettlements
Consent Decrees: Recording a Settlement under Order XXIII Rule 3Why a creditor prefers a decree, what to include, registration questions and settlement in cheque cases and insolvency applications.Read noteSettlements
Securing a Settlement: Cheques, Guarantees, Charges and Default ClausesThe forms of security, registration with the Registrar of Companies and CERSAI, drafting the default and the preference risk.Read noteHave a distressed debt or insolvency query?
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