ibc

  • bankruptcy

Pre Packaged Insolvency Resolution Package for corporate debtor classified as MSME

Pre Packaged Insolvency Resolution Package for corporate debtor classified as MSME Pre Packaged Insolvency Resolution Package for corporate debtor classified…

3 years ago
  • bankruptcy

No bar in limitation law to amendment of pleadings in application u/s 7 of IBC -SC

No bar in limitation law to amendment of pleadings in application u/s 7 of IBC or to the filing of…

3 years ago
  • bankruptcy

IBBI (Insolvency Resolution Process for Corporate Persons)(2nd Amendment) Regulations 2021

Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Second Amendment) Regulations, 2021 The Insolvency and Bankruptcy…

3 years ago
  • bankruptcy

IPs to act as IRPs, Liquidators, RPs and Bankruptcy Trustees (Recommendation) Guidelines 2021

Insolvency Professionals to act as Interim Resolution Professionals, Liquidators, Resolution Professionals and Bankruptcy Trustees (Recommendation) Guidelines, 2021 The above Guidelines…

3 years ago
  • bankruptcy

Provisions of personal guarantors to corporate debtors under IBC 2016 legal and valid

Provisions of personal guarantors to corporate debtors under IBC 2016 under notification dated 15th November, 2019 is legal and valid…

3 years ago
  • bankruptcy

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…

3 years ago
  • bankruptcy

Tribunal cannot sit in appeal on commercial wisdom of CoC and annul approved resolution plan. SC dismissed SLP

Appellate Tribunal cannot sit in appeal on commercial wisdom of the ‘Committee of Creditors’ and to annul the resolution plan.…

3 years ago
  • bankruptcy

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…

3 years ago
  • bankruptcy

Entry in balance sheet may amount to acknowledgement of liability u/s 18 of Limitation Act if entry not with any caveat

Entry in balance sheet of a corporate debtor may amount to an acknowledgement of liability u/s 18 of the Limitation…

3 years ago
  • bankruptcy

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…

3 years ago