Category: bankruptcy

Insolvency professional not to outsource his responsibilities-IBBI

Insolvency professional not to outsource his responsibilities. The Code read with regulations do not envisage such a certification from a third person. The Insolvency and Bankruptcy Code, 2016 (Code) read with regulations made thereunder cast specific duties and responsibilities on an insolvency professional. An insolvency professional is required to …

IBBI registers NeSL as first information utility (IU) under the IBBI (IUs) Regulations, 2017

IBBI registers National E-Governance Services Limited (NeSL) as first  information utility (IU) under the IBBI (IUs) Regulations, 2017    Reserve Bank of India RBI/2017-18/110 DBR.No.Leg.BC.98/09.08.019/2017-18 December 19, 2017 All Scheduled Commercial Banks (Including RRBs), Small Finance Banks, Local Area Banks, All Co-operative Banks, All NBFCs and All India …