Tag: ibc
List of provisions of Companies Act 2013 and IBC 2016 where valuation are required to be conducted by a registered valuer Insolvency and Bankruptcy Board of India7th Floor, Mayur Bhawan, Connaught Place, New Delhi-110001 CIRCULAR No. IBBI/RVO/026/2019 16th September, 2019 ToAll Registered ValuersAll Recognised Registered Valuer OrganisationsAll Registered …
Supreme Court upholds Home buyers status as financial creditors. Constitutional validity of amendments to IBC 2016 also upheld ABCAUS Case Law Citation:ABCAUS 3109 (2019) (08) SC Important case law relied upon by the parties:Nikhil Mehta and Sons (HUF) v. AMR Infrastructure Ltd.Chitra Sharma & Ors. v. Union of …
Understanding the IBC-2016: Analysing developments in jurisprudence-Release of publication developed by the Vidhi Centre for Legal Policy Insolvency and Bankruptcy Board of India No. IBBI/PR/2019/16 9th June, 2019 Press Release Release of publication ‘Understanding the Insolvency and Bankruptcy Code, 2016: Analysing developments in jurisprudence’. Hon’ble Mr. Justice M. …
Insolvency Professionals to act as Interim Resolution Professionals and Liquidators (Recommendation) Guidelines, 2019 14th May, 2019 Provisions in the Insolvency and Bankruptcy Code, 2016 Section 16(3)(a) of the Insolvency and Bankruptcy Code, 2016 (Code) requires the Adjudicating Authority (AA) to make a reference to the Insolvency and Bankruptcy …
Members of suspended Board of Directors of corporate debtor entitled to insolvency resolution plans presented at COC meetings under Section 25(2)(i) – SC ABCAUS Case Law Citation: ABCAUS 2762 (2019) (01) SC The Petitioner was aggriebed by the order of the Appellate Tribunal rejecting the prayer for directions …
Supreme Court upheld Constitutional Validity of various provisions of the Insolvency and Bankruptcy Code, 2016 ABCAUS Case Law Citation: ABCAUS 2744 (2019) (01) SC Important Case Laws Cited/relied upon: Madras Bar Association v. Union of India, (2015) 8 SCC 583 The Petitioners had challenged the constitutional validity of …
Registration of insolvency professional cancelled for deliberate, blatant, orchestrated and collusive contraventions and also banned for ten years ABCAUS Case Law Citation: ABCAUS 2629 (2018) (11) IBBI Important Case Laws Cited/relied upon: DF Deutsche Forfait AG and Anr. vs. Uttam Galva Steel Ltd. The Disciplinary Committee of Insolvency …
Limitation Act applicable to IBC 2016 from its inception for CRIP applications filed under Sections 7 and 9 – Supreme Court ABCAUS Case Law Citation: ABCAUS 2569 (2018) (10) SC The present case laws deals with Section 238A of the Insolvency and Bankruptcy Code, 2016 (Code), which was inserted …
Non member has no voting right in Committee of Creditors under IBC-2016. Non member cannot be regarded voted against a resolution or abstained from voting Financial creditor till admitted as a CoC member has no voting right Insolvency and Bankruptcy Board of India 7th Floor, Mayur Bhawan, Connaught Place, …
Publication on Judicial Pronouncements under Insolvency and Bankruptcy Code, 2016 Series 1 , by Insolvency and Bankruptcy Laws Group, CLCGC, ICAI The Insolvency and Bankruptcy Code, 2016 (IBC), is a recent legislation and the various Judicial Pronouncements under the Code are very important inputs to understand the law on …
