Tag: IBBI

Appointment of IP as authorised representative for classes of creditors before 15 days of resolution plan approval

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 …

Discharge of Insolvency Professional only when incapacitated either physically or legally – IBBI Discussion Paper

Discharge of Insolvency Professional only when incapacitated either physically or legally. Other ground to attract debar for 5 years.  Insolvency and Bankruptcy Board of India Discussion Paper 21st June, 2018 Subject: Discharge from Responsibility as Interim Resolution Professional, Resolution Professional or Liquidator of the Corporate Processes under the …

Monitoring the performance of insolvency professionals under the Insolvency and Bankruptcy Code, 2016 -Discussion Paper

Monitoring the performance of insolvency professionals under the Insolvency and Bankruptcy Code, 2016 and the regulations made thereunder Insolvency And Bankruptcy Board Of India (IBBI) has brought a discussion paper on the subject of monitoring the performance of insolvency professionals  under the Code. The discussion paper is limited to …

Commencement of Disciplinary Proceeding under the Insolvency and Bankruptcy Code 2016-clarification

Commencement of Disciplinary Proceeding under The Insolvency and Bankruptcy Code 2016-clarification by IBBI The Insolvency and Bankruptcy Code, 2016 (Code) envisages that an insolvency professional may be appointed as interim resolution professional, resolution professional, liquidator, or a bankruptcy trustee if no disciplinary proceeding is pending against him.  The …