crip

  • bankruptcy

Payment received for shares, duly issued cannot be a debt under IBC-Supreme Court

Payment received for shares, duly issued cannot be a debt under Insolvency and Bankruptcy Code. Personal loan to Promoter/Director cannot…

4 years ago
  • bankruptcy

Limitation period for application for initiation of CIRP is three years from date of default

Limitation period for making application for initiation of CIRP is three years from date of default. IBC not a money…

4 years ago
  • bankruptcy

Useful judgments for Insolvency Professionals conducting Liquidation Process

Useful and important judgments for Insolvency Professionals conducting Liquidation Process giving Significant directions and observations Insolvency and Bankruptcy Board of…

4 years ago
  • bankruptcy

Ordinance to suspend initiation of corporate insolvency resolution process

Ordinance to suspend initiation of corporate insolvency resolution process   The President of India has promulgated the Insolvency and Bankruptcy…

4 years ago
  • bankruptcy

MCA notifies framework for insolvency and liquidation proceedings of FSPs other than banks

MCA notifies framework for insolvency and liquidation proceedings of Financial Service Providers (FSPs) other than banks. Insolvency and Bankruptcy (Insolvency…

4 years ago
  • bankruptcy

Income Tax/Sales Tax Department are Operational Creditor under IBC 2016 – NCLAT

Income Tax/Sales Tax Department and local authority are Operational Creditor under Insolvency and Bankruptcy Code, 2016 - NCLAT ABCAUS Case…

5 years ago
  • Companies Act

Persons who can file application for initiating CRIP on behalf of financial creditor – Notification

MCA notifies persons who can file application for initiating CRIP against corporate debtor on behalf of financial creditor MINISTRY OF…

5 years ago
  • bankruptcy

IBBI issues a Charter of Responsibilities of IRP / RP and CoC in a CIRP – Download Chart

IBBI, has issued a Chart of Responsibilities of IRP / RP and CoC in a CIRP for the help of…

5 years ago
  • bankruptcy

Limitation Act applicable to IBC 2016 from its inception in relation to CRIP applications – SC

Limitation Act applicable to IBC 2016 from its inception for CRIP applications filed under Sections 7 and 9 - Supreme Court…

6 years ago
  • bankruptcy

Jaypee Infratech Insolvency proceedings to continue at NCLT. SC orders fresh bidding, bars Jaypee Group/Promoters

Jaypee Infratech Insolvency proceedings to continue at NCLT-We cannot be unmindful of interests of 92% of home buyers who preferred…

6 years ago