Category: bankruptcy
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 …
Insolvency Professional to pay IBBI 0.25 percent of annual fee earned from insolvency professional services rendered. Insolvency professional entities to pay application fee of 50000/- rupees THE GAZETTE OF INDIA EXTRAORDINARY PART III, SECTION 4 PUBLISHED BY AUTHORITY NEW DELHI, THURSDAY, 11TH OCTOBER, 2018 INSOLVENCY AND BANKRUPTCY BOARD OF …
Limitation Act applicable to IBC 2016 from its inception for CRIP applications filed under Sections 7 and 9 – Supreme Court ABCAUS Case Law Citation: ABCAUS 2569 (2018) (10) SC The present case laws deals with Section 238A of the Insolvency and Bankruptcy Code, 2016 (Code), which was inserted …
IBBI (Insolvency Resolution Process for Corporate Persons) (Fourth Amendment) Regulations, 2018. IBBI has amended the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 . The Insolvency and Bankruptcy Board of India (IBBI) has notified the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for …
Non member has no voting right in Committee of Creditors under IBC-2016. Non member cannot be regarded voted against a resolution or abstained from voting Financial creditor till admitted as a CoC member has no voting right Insolvency and Bankruptcy Board of India 7th Floor, Mayur Bhawan, Connaught Place, …
