Category: bankruptcy
Insolvency and Bankruptcy Code Second Amendment Act 2018 received the assent of the President. Section 12A inserted to allow withdrawal of application. Notes on Clauses on Insolvency and Bankruptcy Code (Second Amendment) Bill 2018 Clause 1 of the Bill provides for the short title and commencement. Clause 2 of the Bill seeks to …
Moratorium u/s 14 of the Insolvency and Bankruptcy Code, 2016 not apply to a personal guarantor of a corporate debtor – Supreme Court ABCAUS Case Law Citation: ABCAUS 2467 (2018) 08 SC The instant appeal involved the question whether Section 14 of the Insolvency and Bankruptcy Code, 2016 …
Jaypee Infratech Insolvency proceedings to continue at NCLT-We cannot be unmindful of interests of 92% of home buyers who preferred possession of homes-SC ABCAUS Case Law Citation: ABCAUS 2460 (2018) 08 SC The instant writ had been filed under Article 32 of the Constitution for protecting the interests …
IBBI published syllabus of the Limited Insolvency Examination to be conducted from 1st November, 2018. Subject Topics and percentage weight Insolvency and Bankruptcy Board of India No. IBBI/PR/2018/23 31st July, 2018 Limited Insolvency Examination, 1st November, 2018 The Board hereby publishes the syllabus, format etc. of the Limited …
Appointment of Insolvency Professionals as authorised representative for classes of creditors by electronic means before 15 days of resolution plan approval Insolvency and Bankruptcy Board of India 7th Floor, Mayur Bhawan, Connaught Place, New Delhi-110001 CIRCULAR No. IBBI/CIRP/015/2018 13th July, 2018 To All Registered Insolvency Professionals All Recognised …
Insolvency Professional Entities cannot provide any service to any person. IBBI directs IPEs to refrain from seeking/joining panel of any market participant Insolvency and Bankruptcy Board of India 7th Floor, Mayur Bhawan, Connaught Place, New Delhi-110001 CIRCULAR No. IBBI/IPE/014/2018 6th July, 2018 To All Recognised Insolvency Professional Entities All …
IBBI amends the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 Insolvency and Bankruptcy Board of India PRESS RELEASE 4th July, 2018 The Insolvency and Bankruptcy Board of India (IBBI) has notified the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process …
IBBI has issued a set of 22 Frequently Asked Questions on Limited Insolvency Examination from 1st July, 2018 IBBI – Limited Insolvency Examination Frequently Asked Questions (1st July, 2018) 1. Is the Examination pattern changed from 1st July, 2018? The test administrator for the Limited Insolvency Examination has changed …
IBBI rejects IP registration application for pending criminal proceedings as it impacts the reputation making applicant not a fit and proper person ABCAUS Case Law Citation: ABCAUS 2383 (2018) 06 IBBI The applicant who was a professional member of the ICSI Institute of Insolvency Professionals (ICSI IIP) submitted …
Draft list of IPs who submitted EoI in accordance with Insolvency Professionals to act as Interim Resolution Professionals or Liquidators (Recommendation) Guidelines, 2018 The Insolvency and Bankruptcy Board of India (Board/IBBI) early this month, had invited Expression of Interest (EOI) from Insolvency Professionals to be in the Panel …
