Tag: IBBI

IBBI releases Provisional list of 848 Insolvency Professionals from 12 Cities

IBBI releases Provisional list of 848 Insolvency Professionals from 12 Cities.  Insolvency and Bankruptcy Board of India has released Provisional list of Insolvency Professionals (IPs) prepared in accordance with Insolvency Professionals to act as Interim Resolution Professionals and Liquidators (Recommendation) (Second) Guidelines, 2018. The Board has invited observations …

IBBI invites Suggestions and Comments on Draft Specimen on documents vital for decisions by stakeholders

IBBI invites Suggestions and Comments on Draft Specimen on Information Memorandum, Evaluation Matrix, Request for Resolution Plans, and Resolution Plan Insolvency and Bankruptcy Board of India No. IBBI/PR/2018/33 26th November, 2018 PRESS RELEASE IBBI invites Suggestions and Comments on Draft Specimen: a. Information Memorandum b. Evaluation Matrix c. …

Insolvency Professional Agency registration eligibility-Shareholding limit of 5 % by one person 

Insolvency Professional Agency registration eligibility-Not more than 5 % of paid-up equity share capital to be held by one person individually / otherwise. The Insolvency and Bankruptcy Board of India (Insolvency Professional Agencies)(Amendment) Regulations, 2018 provide that no person shall at any time, directly or indirectly, either individually or together …

Insolvency Professional to pay IBBI percentage annual fee earned. IP entities to pay application fee of Rs. 50000/-

Insolvency Professional to pay IBBI 0.25 percent of annual fee earned from insolvency professional services rendered. Insolvency professional entities to pay application fee of 50000/- rupees THE GAZETTE OF INDIA EXTRAORDINARY PART III, SECTION 4 PUBLISHED BY AUTHORITY NEW DELHI, THURSDAY, 11TH OCTOBER, 2018 INSOLVENCY AND BANKRUPTCY BOARD OF …

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 …