Скачать или смотреть "Can Multi-State Cooperative Societies Submit Resolution Plans Under IBC? | Supreme Court

In this video, we discuss a major legal development — the Supreme Court of India’s ongoing consideration of whether Multi-State Cooperative Societies can submit Resolution Plans under the Insolvency and Bankruptcy Code (IBC), 2016.

Recently, the Supreme Court directed that the Central Registrar of Multi-State Cooperative Societies be made a party to an appeal filed by a cooperative society challenging an NCLAT judgment that held it ineligible to act as a Resolution Applicant under the IBC.

This case raises critical questions:

Are multi-state cooperative societies barred from participating in the corporate insolvency process?

How do the provisions of the Multi-State Cooperative Societies Act, 2002 interact with the IBC framework?

What role do Section 64(d) of the MSCS Act and Section 29A of the IBC play in determining eligibility?

What will be the impact of the Supreme Court’s final verdict on cooperative societies, resolution professionals, and creditors?

We break down:
🟢 The background of the case and NCLAT findings
🟢 The Supreme Court’s directions and observations
🟢 Relevant legal provisions under the IBC and MSCS Act
🟢 Implications for future Resolution Applicants and Insolvency Practitioners
🟢 What to expect from the next Supreme Court hearing (October 2025)

Stay tuned for this detailed, read-and-present style legal update on one of the most awaited insolvency law interpretations of 2025.

📘 Chapters
00:00 – Introduction
03:00 – Background of IBC & Resolution Plans
10:00 – Multi-State Cooperative Societies: Legal Framework
– NCLAT Judgment & Key Findings
– Supreme Court’s Intervention
– Legal Analysis: IBC vs MSCS Act
– Practical Implications & Conclusion

📢 Tags:
IBC, Insolvency and Bankruptcy Code, Multi-State Cooperative Societies, Supreme Court of India, NCLAT Judgment, Resolution Plan, Resolution Applicant, MSCS Act 2002, IBC 2016, Corporate Insolvency, Insolvency Law, Supreme Court Case 2025, Insolvency Updates 2025, Legal News, Governance, Finance Professionals, Company Secretary, ICSI, NCLT, Insolvency Professional, Law Students, Legal Awareness