Tag: IBBI

IBBI Regulations amended to provide for performance security by resolution applicant

IBBI (Insolvency Resolution Process for Corporate Persons) Regulations 2016 amended to provide for performance security by resolution applicant Insolvency and Bankruptcy Board of India No. IBBI/PR/2019/0224th January, 2019 Press Release The Insolvency and Bankruptcy Board of India amends the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for …

IBBI constitutes Working Group on insolvency resolution of corporate debtors in a Group

IBBI constitutes a Working Group to recommend regulatory framework to facilitate insolvency resolution and liquidation of corporate debtors in a Group Insolvency and Bankruptcy Board of India7th Floor, Mayur Bhawan, Connaught Place, New Delhi-110001 File No: IBBI/CIRP/GI/2018-19/001                                                              17th January, 2019 Office Order Subject:  Constitution of Working Group on …

IBBI publishes Revised Syllabus and other details of Valuation Exams

IBBI publishes revised syllabus, format and frequency of Valuation Examination to be conducted from 1st April, 2019  The Central Government notified the commencement of Section 247 (relating to valuers) of the Companies Act, 2013 with effect from 18th October, 2017. It also notified the Companies (Registered Valuers and Valuation) Rules, …

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. …