Tag: ibbi regulations

IBBI (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) (Second Amendment) Regulations 2021

IBBI (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) (Second Amendment) Regulations 2021 INSOLVENCY AND BANKRUPTCY BOARD OF INDIA   NOTIFICATION   New Delhi, 27th April, 2021   Insolvency and Bankruptcy Board of India (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) (Second Amendment) Regulations, 2021 …

IBBI Insolvency Professionals Amendment Regulations 2021. Information to Board of joining or cessation of director

IBBI (Insolvency Professionals) (Amendment) Regulations 2021. Insolvency Professional entity to inform Board of joining or cessation of director ending 31.12.2021 within 30 days.  INSOLVENCY AND BANKRUPTCY BOARD OF INDIA   NOTIFICATION   New Delhi, the 27th April, 2021 Insolvency and Bankruptcy Board of India (Insolvency Professionals) (Amendment) Regulations, …

IBBI (Information Utilities) (Amendment) Regulations 2021. Quarterly publication of statistics of debt related information

IBBI (Information Utilities) (Amendment) Regulations 2021. Quarterly publication by information utility of statistics of debt related information in its possession. An Information Utility(IU) stores financial information that helps to establish defaults as well as verify claims expeditiously and thereby facilitate completion of transactions under the Code in a …

IBBI (Pre-packaged Insolvency Resolution Process) Regulations 2021

Insolvency and Bankruptcy Board of India (Pre-packaged Insolvency Resolution Process) Regulations 2021 The Insolvency and Bankruptcy Code (Amendment) Ordinance, 2021 promulgated on 4thApril, 2021 provides for pre-packaged insolvency resolution process (PPIRP) for corporate debtors classified as micro, small and medium enterprises. The Insolvency and Bankruptcy Board of India …

IBBI (Insolvency Resolution Process for Corporate Persons) (Amendment) Regulations 2021

Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Amendment) Regulations, 2021. INSOLVENCY AND BANKRUPTCY BOARD OF INDIA NOTIFICATION New Delhi, 15th March, 2021 Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Amendment) Regulations, 2021. No. IBBI/2020-21/GN/REG070.—In exercise of the powers conferred …

Creditor may assign/transfer debt during liquidation process under Bankruptcy Regulations

Creditor may assign/transfer debt during liquidation process under Bankruptcy. Liquidator may assign/transfer a not readily realisable asset. INSOLVENCY AND BANKRUPTCY BOARD OF INDIA NOTIFICATION New Delhi, the 13th November, 2020 Insolvency and Bankruptcy Board of India (Liquidation Process) (Fourth Amendment) Regulations, 2020. IBBI/2020-21/GN/REG067.—In exercise of the powers conferred …