Tag: ibc

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 …

Consideration of matters / issues by the committee of creditors on request by members of the committee

Consideration of matters / issues by the committee of creditors on request by members of the committee Insolvency and Bankruptcy Board of India7th Floor, Mayur Bhawan, Connaught Place, New Delhi-110001 CLARIFICATION No.: IBBI/CIRP/202116thApril, 2021 To All Registered Insolvency ProfessionalsAll Recognised Insolvency Professional EntitiesAll Registered Insolvency Professional Agencies (By …

Central/State Government/local authority bound by approved resolution plan retrospectively

The Central/State Government/local authority bound by the resolution plan once approved by Adjudicating Authority (i.e. NCLT) retrospectively. ABCAUS Case Law CitationABCAUS 3484 (2021) (04) SC Important case law relied referred:K. P. Varghese vs. Income Tax Officer, Ernakulam and Another (1981) 4 SCC 173B. K. Educational Services Private Limited …