Live Law home-iconTop StoriesNews UpdatesColumnsInterviewsForeign/InternationalRTIKnow the LawLaw SchoolsLaw FirmsJob UpdatesBook ReviewsEvents CornerVideosSponsoredContact UsAdvertise with UsRound UpsIBC NewsEnvironmental LawCartoonsTaxArbitrationConsumer Cases Home > High Courts > Madras High Court > IBC | All Property,… IBC | All Property, Including Alleged Benami Assets, Shielded From Action Over Pre-Resolution Offences: Madras High Court By – Shivangi BhardwajUpdate: 2025-12-16 12:29 GMT IBC | All Property, Including Alleged Benami Assets, Shielded From Action Over Pre-Resolution Offences: Madras High Court facebook icontwitter iconlinkedin icontubmlr iconpinterest icon whatsapp icon Click the Play button to listen to article story The Madras High Court has recently held that once a resolution plan is approved under the Insolvency and Bankruptcy Code, authorities cannot proceed against any property standing in the name of a corporate debtor for offences committed before the insolvency process, even if such property is alleged to be held benami. A single bench of Justice G R Swaminathan ruled that Section 32A(2) of…
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Home > High Courts > Madras High Court > IBC | All Property,…
IBC | All Property, Including Alleged Benami Assets, Shielded From Action Over Pre-Resolution Offences: Madras High Court
By – Shivangi BhardwajUpdate: 2025-12-16 12:29 GMT
IBC | All Property, Including Alleged Benami Assets, Shielded From Action Over Pre-Resolution Offences: Madras High Court
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The Madras High Court has recently held that once a resolution plan is approved under the Insolvency and Bankruptcy Code, authorities cannot proceed against any property standing in the name of a corporate debtor for offences committed before the insolvency process, even if such property is alleged to be held benami. A single bench of Justice G R Swaminathan ruled that Section 32A(2) of…
