Tag: IBBI
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 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 …
Insolvency and Bankruptcy Code Second Amendment Act 2018 received the assent of the President. Section 12A inserted to allow withdrawal of application. Notes on Clauses on Insolvency and Bankruptcy Code (Second Amendment) Bill 2018 Clause 1 of the Bill provides for the short title and commencement. Clause 2 of the Bill seeks to …
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 …
Insolvency Professional Entities cannot provide any service to any person. IBBI directs IPEs to refrain from seeking/joining panel of any market participant Insolvency and Bankruptcy Board of India 7th Floor, Mayur Bhawan, Connaught Place, New Delhi-110001 CIRCULAR No. IBBI/IPE/014/2018 6th July, 2018 To All Recognised Insolvency Professional Entities All …
Draft list of IPs who submitted EoI in accordance with Insolvency Professionals to act as Interim Resolution Professionals or Liquidators (Recommendation) Guidelines, 2018 The Insolvency and Bankruptcy Board of India (Board/IBBI) early this month, had invited Expression of Interest (EOI) from Insolvency Professionals to be in the Panel …
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 …
The Insolvency and Bankruptcy Board of India (Board/IBBI) has invited Expression of Interest (EOI) from Insolvency Professionals to be in the Panel under Insolvency Professionals to act as Interim Resolution Professionals or Liquidators (Recommendation) Guidelines, 2018. In terms of the aforesaid guidelines, the Board shall prepare a Panel …
IBBI organises 2nd IP Conclave in Mumbai in association with the three Insolvency Professional Agencies, ICAI, ICSI , ICMAI on 26th May, 2018 Insolvency and Bankruptcy of India Press Release No. IBBI/PR/2018/19 26th May, 2018 The Insolvency and Bankruptcy of India organises the 2nd IP Conclave in Mumbai …
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 …
