Tag: Insolvency professional

IBBI prescribes guidelines for preservation of records by Insolvency Professional. Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Amendment) Regulations, 2022 IBBI has amended the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 by introducing Insolvency and Bankruptcy …

Form CIRP 8 is required to be filed for all corporate insolvency resolution processes ongoing or commencing on or after 14th July 2021. Filing of Form CIRP 8 under the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 Regulation 35A of the IBBI (Insolvency Resolution Process for …

Insolvency Professionals to act as Interim Resolution Professionals, Liquidators, Resolution Professionals and Bankruptcy Trustees (Recommendation) Guidelines, 2021 The above Guidelines shall come into effect for appointments as IRP, Liquidator, RP and BT with effect from July 1, 2021. These Guidelines have been issued in supersession of the earlier …

  IBBI prescribes Retention period of records by Insolvency Professional relating to Corporate Insolvency Resolution Process Retention period of records of CIRP Insolvency and Bankruptcy Board of India 7thFloor, Mayur Bhawan, Connaught Place, New Delhi-110001   CIRCULAR No.: IBBI/CIRP/38/2021   6th January, 2021   ToAll Registered Insolvency ProfessionalsAll …

Useful and important judgments for Insolvency Professionals conducting Liquidation Process giving Significant directions and observations Insolvency and Bankruptcy Board of India (IBBI) has issued a communication consisting of significant directions and observations derived from the judgments of  the Adjudicating Authority (AA), the National Company Law Appellate Tribunal (NCLAT), …

LLP, registered partnership firm/company to be recognised as an insolvency professional entity only if their sole objective is to provide support services to IPs   INSOLVENCY AND BANKRUPTCY BOARD OF INDIA   NOTIFICATION   New Delhi, the 30th June, 2020   Insolvency and Bankruptcy Board of India (Insolvency …

Insolvency Professionals to act as Interim Resolution Professionals, Liquidators, Resolution Professionals and Bankruptcy Trustees (Recommendation) Guidelines, 2020 2nd June, 2020 Corporate Insolvency The Insolvency and Bankruptcy Board of India (Board) is required under the Insolvency and Bankruptcy Code, 2016 (Code) to recommend name of an Insolvency Professional (IP) …

Insolvency professional to pay fee before 30th June 2020. Insolvency professional to pay fee before 30th June 2020. Board to be informed on becoming or ceasing as director or partner. Read Notification    INSOLVENCY AND BANKRUPTCY BOARD OF INDIA   NOTIFICATION   New Delhi, the 20th April, 2020 …

Guidelines for Appointment of Insolvency Professionals as Administrators under the Securities and Exchange Board of India (Appointment of Administrator and Procedure for Refunding to the Investors) Regulations, 2018   27th February 2020   The Securities and Exchange Board of India (Appointment of Administrator and Procedure for Refunding to …

IBBI amends IBBI (Insolvency Professionals) Regulations, 2016 & IBBI (Model Bye-Laws & Governing Board of Insolvency Professional Agencies) Regulations 2016 Insolvency and Bankruptcy Board of India PRESS RELEASE IBBI/PR/2019/1923rd July, 2019 The IBBI amends (i) the Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations, 2016, and (ii) …