Category: bankruptcy
Amendment to Provident Fund / Pension rule for IBBI Chairperson & whole-time members MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 18th January, 2019 G.S.R. 41(E).—In exercise of the powers conferred by clause (zd) of sub-section (2) of section 239, read with sub-section (5) of section 189 of the …
IBBI constitutes a Working Group to recommend regulatory framework to facilitate insolvency resolution and liquidation of corporate debtors in a Group Insolvency and Bankruptcy Board of India7th Floor, Mayur Bhawan, Connaught Place, New Delhi-110001 File No: IBBI/CIRP/GI/2018-19/001 17th January, 2019 Office Order Subject: Constitution of Working Group on …
IBBI publishes revised syllabus, format and frequency of Valuation Examination to be conducted from 1st April, 2019 The Central Government notified the commencement of Section 247 (relating to valuers) of the Companies Act, 2013 with effect from 18th October, 2017. It also notified the Companies (Registered Valuers and Valuation) Rules, …
Panel of IPs recommended for appointment as IRP and Liquidator for the period from 1st January to 30th June 2019 IBBI has released the list of Panel of IPs recommended for appointment as IRP and Liquidator for the period starting from 1st January to 30th June 2019. The Panel …
IBBI releases Provisional list of 848 Insolvency Professionals from 12 Cities. Insolvency and Bankruptcy Board of India has released Provisional list of Insolvency Professionals (IPs) prepared in accordance with Insolvency Professionals to act as Interim Resolution Professionals and Liquidators (Recommendation) (Second) Guidelines, 2018. The Board has invited observations …
IBBI invites Suggestions and Comments on Draft Specimen on Information Memorandum, Evaluation Matrix, Request for Resolution Plans, and Resolution Plan Insolvency and Bankruptcy Board of India No. IBBI/PR/2018/33 26th November, 2018 PRESS RELEASE IBBI invites Suggestions and Comments on Draft Specimen: a. Information Memorandum b. Evaluation Matrix c. …
Registration of insolvency professional cancelled for deliberate, blatant, orchestrated and collusive contraventions and also banned for ten years ABCAUS Case Law Citation: ABCAUS 2629 (2018) (11) IBBI Important Case Laws Cited/relied upon: DF Deutsche Forfait AG and Anr. vs. Uttam Galva Steel Ltd. The Disciplinary Committee of Insolvency …
Remuneration of part-time member of IBBI increased to Rs. 6000 from Rs. 1000/- for each meeting of the Board attended by the member. Insolvency and Bankruptcy Board of India (Salary, Allowances and other Terms and Conditions of Services of Chairperson and Members) Second Amendment Rules, 2018 MINISTRY OF CORPORATE …
Model Bye Laws and Governing Board of Insolvency Professional Agencies – Amendment The Insolvency and Bankruptcy Board of India (IBBI) has amended the Insolvency and Bankruptcy Board of India (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) Regulations, 2016. The Insolvency and Bankruptcy Board of India (Model …
Insolvency Professional Agency registration eligibility-Not more than 5 % of paid-up equity share capital to be held by one person individually / otherwise. The Insolvency and Bankruptcy Board of India (Insolvency Professional Agencies)(Amendment) Regulations, 2018 provide that no person shall at any time, directly or indirectly, either individually or together …
