Govt. disposes 2,750 cases under Insolvency and Bankruptcy Code Posted On: 19 DEC 2017 6:32PM by PIB Delhi After notification of relevant provisions of the Insolvency and Bankruptcy Code 2016 on 01.12.2016, 2,434 fresh cases have been filed before NCLT and 2,304 cases of winding up of companies have been transferred from various High Courts.… Read More »
Insolvency and Bankruptcy Board of India issues Guidelines for Technical Standards for Core Services Based on recommendations of the Technical Committee, the Insolvency and Bankruptcy Board of India (IBBI) has laid down the Technical Standards for the performance of Core Services for the following matters under Regulation 13 of the IBBI (Information Utilities) Regulations, 2017: i) standard… Read More »
Government Panel invites suggestions/comments from stakeholders about the provisions of the Insolvency and Bankruptcy Code and the Rules and Regulations notified there under Comments/suggestions along with the brief justification may be sent through the online facility only available on MCA website up to 10th January, 2018 In the First Meeting of the Insolvency Law Committee,… Read More »
The Insolvency and Bankruptcy Board of India (IBBI) notifies Regulations for handling of Grievances and Complaints. The Insolvency and Bankruptcy Board of India (IBBI) has notified the IBBI (Grievance and Complaint Handling Procedure) Regulations, 2017 in the Gazette of India on 7th December, 2017. The Regulations enable a Stakeholder, namely, debtor, creditor, claimant, service provider, resolution applicant… Read More »
Guide to Insolvency and Bankruptcy Code 2016 (2018 Edition) – Nov.2017 As amended by Insolvency and Bankruptcy Code (Amendment) Ordinance 2017 Description Also Incorporating: Insolvency and Bankruptcy Board of India (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) Regulations,2016 Insolvency and Bankruptcy Board of India (Insolvency Professional Agencies) Regulations,2016 Insolvency and Bankruptcy Board of India… Read More »
Press Release dated 23.11.2017 from Ministry of Corporate Affairs, Government of India Ordinance to amend the Insolvency and Bankruptcy Code, 2016 promulgated; Ordinance aims at putting in place safeguards to prevent unscrupulous, undesirable persons from misusing or vitiating the provisions of the Code. The Government of India promulgated today the Ordinance to amend the Insolvency… Read More »
INSOLVENCY & BANKRUPTCY CODE READY RECKONER Paperback – 2017 by CA. Kamal Garg (Author, Narrator), INSOLVENCY & BANKRUPTCY CODE READY RECKONER (Translator) Product description Division 1 Process Guide for Interim Resolution Professional Chapter 1 Introduction Chapter 2 Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016 (IBC) – Ready Reckoner Chapter 3 Timelines in Corporate Insolvency Resolution Process… Read More »
Insolvency and Bankruptcy Board of India (IBBI) strengthens its Due Diligence Framework under the Insolvency and Bankruptcy Code, 2016 Now prior to approval of a Resolution Plan, the Resolution Applicants, including promoters, will be put to a stringent test with respect to their credit worthiness and credibility; Amendments to the IBBI (Insolvency Resolution Process for… Read More »
Amendments to the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 and the Insolvency and Bankruptcy Board of India (Fast Track Insolvency Resolution Process for Corporate Persons) Regulations, 2017 The Insolvency and Bankruptcy Board of India (IBBI) has amended the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate… Read More »
IBBI notifies the IBBI (Information Utilities) (Amendment) Regulations, 2017 IBBI had notified the IBBI (Information Utilities) Regulations, 2017 on 31st March, 2017. These regulations provided that ordinarily a person should not hold more than 10% of paid up equity share capital or voting power of an information utility, while allowing certain specified persons to hold up to 25%.… Read More »