Digest on Insolvency & Bankruptcy Code, 2016

1. Unparalleled Coverage: This book fills a critical gap in insolvency and bankruptcy literature. There is currently a lack of comprehensive resources that provide summarized judgments from the Supreme Court, High Courts, NCLAT, and, most importantly, the NCLT benches. We have taken on this challenge and aim to provide an unprecedented compilation of cases, ensuring an extensive yet accessible resource for our readers. A summary of the statistics related to citations referred in this book is as below: I. Supreme Court: 250+ key Judgments (approx.), including landmark rulings from September, 2019 till May, 2025; II. High Courts (throughout India): 150+ key Judgments (approx.) including landmark rulings from September, 2022 till May, 2025; III. NCLAT (Delhi & Chennai): 3,500+ key Judgments (approx.), including landmark rulings from September, 2022 till May, 2025; IV. NCLT (all benches): 3,500+ key Judgments (approx.), providing an exhaustive understanding of adjudication at the grassroots level; covering judgements from September, 2022 till December, 2024.
2. Deciphering Stand of Different Benches: This book does not merely present case citations; it systematically deciphers the stance taken by different benches of the NCLT and NCLAT on various legal questions. It provides insights into how particular legal propositions have been upheld, followed, and applied in multiple cases, making it easy for readers to have deeper understanding of the prevailing judicial trends.
3. Structured Sub-Divisions for In-Depth Research: Our team of seasoned experts, regularly engaged in IBC matters before various judicial forums, has meticulously curated and structured the book with relevant sub-headings in each section. This ensures that readers can navigate with ease and conduct deeper research into specific legal issues.
4. Use of ?Natural? (or) ?Neutral? Citations: To ensure our readers have direct access to the judgments, we have relied on Natural (or) Neutral Citation. This enables readers to obtain copies of the judgments directly from the concerned Courts or Tribunals, without depending on third-party vendors.
5. Concise Summaries for Easy Understanding: Our team of experienced legal professionals has prepared concise yet detailed summaries of each judgment. This ensures that readers can quickly grasp the key takeaways without having to sift through lengthy case texts.
6. Seamless Cross-Referencing for Enhanced Navigation: This book integrates cross-referencing features, enabling readers to effortlessly navigate between related judgments on every topic. This is particularly beneficial for practitioners and researchers who need to trace legal developments over time.
7. Coverage of Every NCLT Bench: Unlike most available resources, whether in print or online, this book ensures equal coverage of all NCLT benches, not just the more frequently referenced ones like Delhi, Mumbai, and Kolkata. It also includes judgments from Amravati, Ahmedabad, Bengaluru, Chennai, Cuttack, Chandigarh, Jaipur, Kochi, Guwahati, Indore, Hyderabad, and more
8. Specific Paragraph References for Precision and Efficiency: A key feature of this book is the inclusion of exact paragraph references from Tribunal and Court findings, allowing readers to directly access judicial reasoning without having to sift through lengthy judgments. This enhances clarity, improves research efficiency, and ensures precise interpretation of legal principles, making it an invaluable tool for legal practitioners, researchers, and scholars navigating the complexities of insolvency law.

This exhaustive coverage sets this book apart from other available manuals, ensuring that readers receive a complete and unbiased view of how the IBC is applied across different regions of India. This book, part of the Legal Kisse series with more than 130 weekly editions (published online portals), is an essential resource offering a repository of legal insights. With its unique Analytical Discourse approach, this volume demystifies complex legal principles while preserving the depth required for professional application. We welcome feedback and suggestions from readers to refine and enhance future editions. It is our sincere hope that this book contributes meaningfully to the ongoing discourse on insolvency and bankruptcy law in India and inspires engagement with the IBC?s transformative potential.