LMP Recent Judgments on Insolvency Law By Dipti Mehta Reviewed by S Balasubramanian (Former Chairman Company Law Board) Edition 2024

Recent Judgments on Insolvency Law By S Balasubramanian

Recent Judgments on Insolvency Law By S Balasubramanian

About the Book

The Recent Judgments on Insolvency Law is a comprehensive collection of important cases that were reported during the year 2023. It is unique in its format and presentation as it groups reported cases together under distinct chapter heads, closely following the “Arrangement of Sections” as set out in the Insolvency and Bankruptcy Code, 2016. The compendium includes table of cases, section wise index and a detailed subject index. This allows for easy navigation and understanding of the cases as they are presented in a logical and organized manner.

In order to enhance the utility of the Compendium, cases have been reproduced in full as well as in short reports with crisp Head Notes summarizing the ratio of the concerned judgment succinctly. This provides a clear and concise understanding of the key points of the case, making it easier for the reader to grasp the main arguments and outcome. In addition, the judgments have been reviewed and where found appropriate, Commented upon judiciously by Shri S Balasubramanian, Former Chairman Company Law Board, providing thought-provoking insights and a deeper understanding of the cases.

The Compendium is user-friendly as it provides a quick and easy reference to reported cases, dispensing the need to refer to various sources. This saves valuable time and effort as all the cases have been compressed into a handy single volume. This makes it a valuable resource for professionals and students of insolvency law, providing them with all the important cases in one place. The Recent Judgments on Insolvency Law is a must-have for anyone interested in understanding the latest developments and trends in insolvency law.

About the Author

Dipti Mehta is a multifaceted professional with a rich blend of expertise and experience in legal, advisory, and corporate governance domains.

Dipti Mehta serves as the Director of Mehta & Mehta Legal and Advisory Services Pvt. Ltd., and is also the founding partner of Mehta & Mehta, Company Secretaries. With a significant background in corporate law and governance, she brings over 25 years of experience in the practice of Company Secretary.

She is a Registered Insolvency Professional, having entered the profession early in 2017 and establishing her own IP entity. As President of the Resolve Insolvency Professional Association (RIPA), she plays a pivotal role in shaping the industry landscape.

She is a sought-after speaker, regularly delivering lectures on a range of topics including the Insolvency and Bankruptcy Code (IBC), Companies Act, FEMA, and SEBI laws. Her audiences vary from students to seasoned professionals, and even to government officials including those from the State Government and RBI. She has also given lecture in Dubai for CA study circle. She has written articles for various fora like ICAI IIPI, ICSI, and WIRC on the topic such as Singapore Insolvency and UAE.

She has shared her expertise with various prestigious institutions including the ICSI, ICLS Academy, ICAI, ICSIIIP, IBBI, IOD, and CII, demonstrating her commitment to knowledge dissemination and capacity building within the industry.

Her proficiency is recognized internationally, having received professional training by IBBI and the World Bank to mentor new insolvency professionals under the Insolvency and Bankruptcy Board of India.

Beyond her consultancy and advisory roles, she is actively involved in committees such as the Law Committee and Arbitration Committee of the Indian Merchant Chamber (IMC), IOD, National SME Council of CII, and Maharashtra State Council of CII. This involvement reflects her dedication to shaping policy and regulatory frameworks within the industry.

Her international experience includes resolving complex recovery matters in jurisdictions such as Singapore, Dubai, and Sharjah, further establishing her as a global authority in the field.

With a diverse skill set encompassing areas such as Secretarial Audit, Factory Audit, Merger and Amalgamation, HR Audit, Labour Laws, and Intellectual Property Rights, she brings a comprehensive understanding to her consultancy and advisory work.

Her credentials also include holding a Certificate of the INSOL International Foundation Course for International Insolvency Law, underscoring her expertise in cross-border insolvency matters. Additionally, she is a member of the International Women Insolvency & Restructuring Confederation, advocating for gender diversity and inclusion within the industry.

Dipti Mehta’s expertise, insights, and experiences make her a valuable contributor to the literature on corporate governance, insolvency, and legal matters, enriching the knowledge base of professionals and academics alike.

About the Reviewer

S. Balasubramanian is a former Chairman, Company Law Board. He is a Commerce and law graduate and a member of the three professional institutes, namely, the Institute of Chartered Accountants, the Institute of Company Secretaries and the Institute of Management Accountants of India. In his 19 years long tenure in Company Law Board, he dealt with over 3000 adversarial cases and has over 700 reported judgements to his credit. He was instrumental in the revival of fraud hit Satyam Computers Limited by his proactive orders of suspension of the existing Board of Directors, Constitution of new Board with eminent persons and handing over the company to a strategic investor. He is widely recognised and respected as an expert in Corporate Laws. Presently he is engaged in corporate consultancy and functions as an independent director in many listed companies, besides being engaged as an Arbitrator in many cases.