RGNUL Financial & Mercantile Law Review

This post is authored by Prabhas Kumar, a 1st-year student at Gujarat National Law University, Gandhinagar and Surya Prakash Swain, a 2nd-year student at National Law University Odisha. INTRODUCTION The maxim interest reipublicae ut sit finis litium  underscores the State’s interest in the finality of litigation. Yet, ironically, this principle has been challenged by the recent National Company Law Appellate Tribunal’s (NCLAT) order dated 15 December 2025, issued as a “clarif

The post,  the Winning Entry of the 6th RFMLR Freshers' Article Writing Competition, 2025 ,  is authored by Nirav Maini , first-year student of B.A. LL.B (Hons.) at the Rajiv Gandhi National University of Law , Punjab . INTRODUCTION The Insolvency and Bankruptcy Code (Amendment) Bill, 2025 (“ The Bill ”) introduces a drastic change, a new Section 28A that allows secured creditors to fold a corporate debtor’s guarantor assets into the debtor’s insolvency estate. Traditionally,

This post is authored by Akshit Dwivedi, a 2nd-year B.A. LL.B. (Hons.) student at Hidayatuallah National Law University, Raipur INTRODUCTION IBC’s​‍​‌‍​‍‌ law is based on the two primary objectives of making the maximum value available to creditors and, at the same time, encouraging the revival of the companies that are in distress. In light of this, the introduction of Section 32A in 2019 represented a major shift: a corporate debtor is entitled to statutory immunity from of