bankruptcy

  • bankruptcy

IBC is a special statute which must prevail over Companies Act 2013 – Supreme Court

IBC is special statute, must prevail over Companies Act 2013. Section 7 IBC Petition maintainable post admission of winding up…

3 years ago
  • bankruptcy

Insolvency Professional to retain records relating to CIRP for eight years-IBBI

  IBBI prescribes Retention period of records by Insolvency Professional relating to Corporate Insolvency Resolution Process Retention period of records…

3 years ago
  • bankruptcy

Initiation of CIRP suspended for a further period of three months from 25.12.2020 

Initiation of CIRP suspended for a further period of three months from 25.12.2020   The Ministry of Corporate Affairs (MCA)…

3 years ago
  • bankruptcy

Refund of excess fee paid for delay in filings under regulation 40B of IBBI CRIP Regulations 2016

Refund of excess fee paid for delay in filings under regulation 40B of IBBI CRIP Regulations 2016 According to sub-regulation…

3 years ago
  • Companies Act

HC order rejecting transfer pending winding up proceeding to NCLT was flawed – Supreme Court

High Court order rejecting transfer of pending winding up proceeding to NCLT on the basis of Rule 26 of the…

3 years ago
  • bankruptcy

Record or evidence of default by financial creditor in Insolvency Resolution Process

Record or evidence of default by financial creditor in Insolvency Resolution Process   INSOLVENCY AND BANKRUPTCY BOARD OF INDIA  …

3 years ago
  • bankruptcy

Creditor may assign/transfer debt during liquidation process under Bankruptcy Regulations

Creditor may assign/transfer debt during liquidation process under Bankruptcy. Liquidator may assign/transfer a not readily realisable asset. INSOLVENCY AND BANKRUPTCY…

3 years ago
  • bankruptcy

SC to decide constitutional validity of IBC 2016 applying to personal guarantors of corporate debtors

Supreme Court to decide constitutional validity of provisions of IBC 2016 to the extent they apply to personal guarantors of…

4 years ago
  • bankruptcy

Initiation of CRIP of a corporate debtor suspended for 3 months from 25.09.2020

Govt suspends initiation of corporate insolvency resolution process of corporate debtor for a further period of three months from 25.09.2020…

4 years ago
  • bankruptcy

Use of Caveats, Limitations & disclaimers by Registered Valuers-IBBI Guidelines

Use of Caveats, Limitations and Disclaimers by the Registered Valuers in Valuation Reports - IBBI Guidelines The IBBI has issued…

4 years ago