Category: bankruptcy

Exclusion of period of lockdown under IBBI Liquidation Process

Exclusion of period of lockdown. IBBI (Liquidation Process) (Second Amendment) Regulations, 2020. New Regulation 47A inserted   PUBLISHED BY AUTHORITY NEW DELHI, 17TH APRIL 2020   INSOLVENCY AND BANKRUPTCY BOARD OF INDIA   NOTIFICATION   New Delhi, the 17th April, 2020   Insolvency and Bankruptcy Board of India …

IBBI (Liquidation Process) (Amendment) Regulations 2020.

IBBI (Liquidation Process) (Amendment) Regulations 2020 The Insolvency and Bankruptcy Board of India (IBBI) notified the Insolvency and Bankruptcy Board of India (Liquidation Process) (Amendment) Regulations, 2020 on 6th January 2020. The amendment clarifies that a person, who is not eligible under the Code to submit a resolution …

Provisions related to personal guarantors to corporate debtors under IBC 2016 effective from 01.12.2019

Provisions related to personal guarantors to corporate debtors under Insolvency and Bankruptcy Code, 2016 effective from 1st day of December, 2019  MINISTRY OF CORPORATE AFFAIRSNOTIFICATION New Delhi, the 15th November, 2019 S.O. 4126(E).―In exercise of the powers conferred by sub-section (3) of section 1 of the Insolvency and …