Amendments Archives

Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Fifth Amendment) Regulations, 2020

Posted by IBC Laws Editoron November 17, 2020November 19, 2020in Amendments

GAZETTE OF INDIAEXTRAORDINARYPART III, SECTION 4PUBLISHED BY AUTHORITY INSOLVENCY AND BANKRUPTCY BOARD OF INDIANOTIFICATIONNew Delhi, the 13th day of November, 2020 Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Fifth Amendment) Regulations, 2020. No. IBBI/2020-21/GN/REG066. —In…

Insolvency and Bankruptcy Board of India (Information Utilities) (Amendment) Regulations, 2020

Posted by IBC Laws Editoron November 17, 2020November 19, 2020in Amendments

GAZETTE OF INDIAEXTRAORDINARYPART III, SECTION 4PUBLISHED BY AUTHORITY INSOLVENCY AND BANKRUPTCY BOARD OF INDIANOTIFICATIONNew Delhi, the 13th day of November, 2020 Insolvency and Bankruptcy Board of India (Information Utilities) (Amendment) Regulations, 2020. No. IBBI/2020-21/GN/REG065. —In exercise of the powers conferred…

Insolvency and Bankruptcy Board of India (Liquidation Process) (Fourth Amendment) Regulations, 2020

Posted by IBC Laws Editoron November 17, 2020November 19, 2020in Amendments

GAZETTE OF INDIAEXTRAORDINARYPART III, SECTION 4PUBLISHED BY AUTHORITY INSOLVENCY AND BANKRUPTCY BOARD OF INDIANOTIFICATIONNew Delhi, the 13th day of November, 2020 Insolvency and Bankruptcy Board of India (Liquidation Process) (Fourth Amendment) Regulations, 2020. IBBI/2020-21/GN/REG067.—In exercise of the powers conferred by…

The Arbitration and Conciliation (Amendment) Ordinance, 2020

Posted by IBC Lawson November 4, 2020November 4, 2020in Amendments

MINISTRY OF LAW AND JUSTICE(Legislative Department)New Delhi, the 4th November, 2020/Kartika 13, 1942 (Saka) THE ARBITRATION AND CONCILIATION (AMENDMENT) ORDINANCE, 2020NO. 14 OF 2020 Promulgated by the President in the Seventy-first Year of the Republic of India. An Ordinance further…

The Insolvency and Bankruptcy Code (Second Amendment) Act, 2020 – 23.09.2020

Posted by IBC Laws EICon September 23, 2020September 24, 2020in Amendments

MINISTRY OF LAW AND JUSTICE(Legislative Department) New Delhi, the 23rd September, 2020/Asvina 1, 1942 (Saka) The following Act of Parliament received the assent of the President on the 23rd September, 2020 and is hereby published for general information:— THE INSOLVENCY…

The Insolvency and Bankruptcy Code (Second Amendment) Bill, 2020

Posted by IBC Lawson September 16, 2020September 16, 2020in Amendments

The Insolvency and Bankruptcy Code (Second Amendment) Bill, 2020 Download the Insolvency and Bankruptcy Code (Second Amendment) Bill, 2020: The Insolvency and Bankruptcy Code (Second Amendment) Bill, 2020Download Click here IBC Amended Section Click here for the Insolvency and Bankruptcy Code…

IBC Ordinance 2020 to suspension of initiation of CIRP for six months dated 05.06.2020

Posted by IBC Lawson June 5, 2020June 5, 2020in Amendments2 Comments

IBC Ordinance 2020 to suspension of initiation of corporate insolvency resolution process for six months dated 05.06.2020 Section 10A and sub-section (3) to section 66 have been inserted by the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2020 dated 05.06.2020 Statute…

Chapter	Topic	Content
CH-2: General & Definitions
		Short Note on Insolvency and Bankruptcy Code, 2016 (IBC, 2016)
		Dispute and Existence of a Dispute
		Operational Debt and Operational Creditor
		Persons who may initiate Corporate Insolvency Resolution Process(CIRP)
		Analysis provisions of Limitation Act, 1963 with respect to Insolvency and Bankruptcy Code, 2016
CH-3: CIRP
	Topic-1 : CIRP Application & Withdrawal
		Analysis of Minimum amount of default under Section 4 of IBC
		Procedure of filing application by Financial Creditor before NCLT under Section 7 of the IBC
		Procedure of filing application by Operational Creditor before NCLT under Section 8 & 9 of the IBC
		Initiation of CIRP by corporate applicant under Section 10 of the IBC
		Analysis of withdrawal of CIRP proceeding pursuant to settlement under Section 12A of Insolvency and Bankruptcy Code, 2016 (IBC)
	Topic-2 : Declaration of moratorium and public announcement
		Declaration of moratorium and public announcement [Section 13, 14 & 15 of the IBC]
		All about the Moratorium under Section 14 of the Insolvency and Bankruptcy Code, 2016 including judicial pronouncements
	Topic-3 : Appointment and tenure of IRP & RP
		Appointment and tenure of Interim Resolution Professional and Resolution Professional [Section 16, 22 & 27 of the IBC]
		Role of an Interim Resolution Professional and Resolution Professional
	Topic-4 : Management of affairs by IRP
	Topic-5 : Receive and collate all the claims submitted by creditors
	Topic-6 : Committee of creditors and meetings
		Constitution of Committee of Creditors under Section 21 of IBC
		Role of Committee of Creditors & It’s Commercial Wisdom
		Analysis of provisions on Authorised Representative under IBC
		Meetings & Voting of the Committee of Creditors under Section 24 of the IBC
	Topic-7 : RP to conduct the CIRP and manage the operations
		Resolution Professional to conduct the CIRP and manage the operations of the Corporate Debtor
		Insolvency Resolution Process Costs & Essential supplies
		To identify preferential transactions under Sec. 43 of the Code in any CIRP, step to be taken by a Resolution Professional
	Topic-8 : CIRP and Resolution Plan
		Information Memorandum, Expression of Interest, Request for Resolution Plans & Resolution Plans
		Role of the prospective resolution applicant
		Persons not eligible to be Resolution Applicant [Sec. 29A of IBC]
		Submission and approval of the Resolution Plan
		Liability for prior offences under Section 32A of the IBC
CH-4 : Liquidation Process
	Topic-1 : Initiation of Liquidation
	Topic-2 : Appointment & Remuneration of Liquidator
		Appointment & Remuneration of Liquidator under Sec. 34 of IBC
		Powers and duties of Liquidator under Sec. 35, 37 of IBC
	Topic-3: Liquidation Estate
	Topic-4: Public announcement, Preliminary report, Early dissolution and Progress reports under Liquidation
	Topic-5: Claims under Liquidation
	Topic-6: Preferential, undervalued and Extortionate Credit Transactions
		Preferential, Undervalued and Extortionate Credit Transactions under Sec. 43, 44, 45, 46, 47, 48, 49, 50, 51 of IBC
		To identify preferential transactions under Sec. 43 of the Code in any CIRP, step to be taken by a Resolution Professional
	Topic-7: Secured Creditor in Liquidation Proceedings
	Topic-8: Realisation of Assets in Liquidation Proceedings
	Topic-9: Proceeds of Liquidation and Distribution of Proceeds
CH-5 : Personal Guarantor
		Chapter VIII Indemnity and Guarantee of Indian Contract Act, 1872
		All about Personal Guarantor under IBC Part-I
		All about Personal Guarantor under IBC Part-II
		Insolvency Resolution Process Regulation
		Bankruptcy Process for PG Regulation
		IRP Application to AA Rules
		Bankruptcy Process Application to AA Rules

Category: Amendments

Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Fifth Amendment) Regulations, 2020

Insolvency and Bankruptcy Board of India (Information Utilities) (Amendment) Regulations, 2020

Insolvency and Bankruptcy Board of India (Liquidation Process) (Fourth Amendment) Regulations, 2020

The Arbitration and Conciliation (Amendment) Ordinance, 2020

The Insolvency and Bankruptcy Code (Second Amendment) Act, 2020 – 23.09.2020

The Insolvency and Bankruptcy Code (Second Amendment) Bill, 2020

IBC Ordinance 2020 to suspension of initiation of CIRP for six months dated 05.06.2020

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