bankruptcy

  • bankruptcy

Registration of Insolvency Professional cancelled, banned for ten years

Registration of insolvency professional cancelled for deliberate, blatant, orchestrated and collusive contraventions and also banned for ten years ABCAUS Case…

5 years ago
  • bankruptcy

Remuneration of part-time member of IBBI increased to Rs. 6000 for each meeting attended

Remuneration of part-time member of IBBI increased to Rs. 6000 from Rs. 1000/- for each meeting of the Board attended…

5 years ago
  • bankruptcy

Model Bye Laws and Governing Board of Insolvency Professional Agencies – Amendment

Model Bye Laws and Governing Board of Insolvency Professional Agencies - Amendment The Insolvency and Bankruptcy Board of India (IBBI)…

6 years ago
  • bankruptcy

Insolvency Professional Agency registration eligibility-Shareholding limit of 5 % by one person 

Insolvency Professional Agency registration eligibility-Not more than 5 % of paid-up equity share capital to be held by one person individually /…

6 years ago
  • bankruptcy

Insolvency Professional to pay IBBI percentage annual fee earned. IP entities to pay application fee of Rs. 50000/-

Insolvency Professional to pay IBBI 0.25 percent of annual fee earned from insolvency professional services rendered. Insolvency professional entities to pay…

6 years ago
  • bankruptcy

Limitation Act applicable to IBC 2016 from its inception in relation to CRIP applications – SC

Limitation Act applicable to IBC 2016 from its inception for CRIP applications filed under Sections 7 and 9 - Supreme Court…

6 years ago
  • bankruptcy

IBBI (Insolvency Resolution Process for Corporate Persons) (Fourth Amendment) Regulations, 2018.

IBBI (Insolvency Resolution Process for Corporate Persons) (Fourth Amendment) Regulations, 2018. IBBI has amended the Insolvency and Bankruptcy Board of India…

6 years ago
  • bankruptcy

Non member has no voting right in Committee of Creditors under IBC-2016 – Circular

Non member has no voting right in Committee of Creditors under IBC-2016. Non member cannot be regarded voted against a…

6 years ago
  • bankruptcy

Presiding Officers of DRT entitled to benefit of increased age under Recovery of Debts and Bankruptcy Act, 1993-SC

Presiding Officers of DRT entitled to benefit of increased age under section 6 of the Recovery of Debts and Bankruptcy…

6 years ago
  • bankruptcy

Insolvency Professional Entity to inform IBBI of cessation/joining of an IP as its Director/Partner

Insolvency Professional Entity to inform IBBI of cessation/joining of Insolvency Professional as its Director / Partner else face action  Insolvency…

6 years ago