Category: bankruptcy
Presiding Officers of DRT entitled to benefit of increased age under section 6 of the Recovery of Debts and Bankruptcy Act, 1993 – Supreme Court ABCAUS Case Law Citation: ABCAUS 2507 (2018) 09 SC Petitioners in the instant petitions were appointed as Presiding Officers of Debt Recovery Tribunal …
Insolvency Professional Entity to inform IBBI of cessation/joining of Insolvency Professional as its Director / Partner else face action Insolvency and Bankruptcy Board of India 7th Floor, Mayur Bhawan, Connaught Place, New Delhi-110001 CIRCULAR No. IBBI/IPE/017/2018 31st August, 2018 To All Recognised Insolvency Professional Entities All Registered Insolvency …
IBBI penalised Insolvency Professional for raising bill in the name of Ernst & Young LLP. Fees of the lRP/RP should be raised only by him and should only be received by him ABCAUS Case Law Citation: ABCAUS 2493 (2018) 08 IBBI In the said matter, the replaced Resolution …
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 …
