0 comments on “Persons who may file an application for initiating CIRP against a corporate debtor before the NCLT, on behalf of the financial creditor-N S.O. 1091(E) dt. 27.02.2019”

Persons who may file an application for initiating CIRP against a corporate debtor before the NCLT, on behalf of the financial creditor-N S.O. 1091(E) dt. 27.02.2019

Central Government hereby notifies persons who may file an application for initiating corporate insolvency resolution process against a corporate debtor before the Adjudicating Authority, on behalf of the financial creditor

0 comments on “Companies (Transfer of Pending Proceedings) Rules, 2016”

Companies (Transfer of Pending Proceedings) Rules, 2016

Companies (Transfer of Pending Proceedings) Rules, 2016((Notification G.S.R. 1119(E) dated 07.12.2016.— In exercise of the powers conferred under sub-sections (1) and (2) of section 434 of the Companies Act, 2013 (18 of 2013) read with sub-section (1) of section 239 of…

0 comments on “IBBI Circular No. IBBI/RV/019/2018 dt. 17.10.2018 on Valuation under the Insolvency and Bankruptcy Code, 2016”

IBBI Circular No. IBBI/RV/019/2018 dt. 17.10.2018 on Valuation under the Insolvency and Bankruptcy Code, 2016

Every valuation required under the Code or any of the regulations made thereunder is required to be conducted by a ‘registered valuer’, that is, a valuer registered with the IBBI under the Companies (Registered Valuers and Valuation) Rules, 2017. It is hereby directed that with effect from 1st February, 2019, no insolvency professional shall appoint a person other than a registered valuer to conduct any valuation under the Code or any of the regulations made thereunder.

0 comments on “Report of Insolvency Law Committee on Cross Border Insolvency-October, 2018”

Report of Insolvency Law Committee on Cross Border Insolvency-October, 2018

Cross Border Insolvency Preface of Insolvency Law Committee's Report on Cross Border Insolvency:  The Insolvency Law Committee constituted by the Ministry of Corporate Affairs submitted its first Report in March 2018 which recommended amendments to the Insolvency and Bankruptcy Code,…

0 comments on “IBBI amends Insolvency Professional Agencies Regulations, 2016, Model Bye-Laws & Governing Board of IPAs Regulations, 2016 and Information Utilities Regulations, 2017”

IBBI amends Insolvency Professional Agencies Regulations, 2016, Model Bye-Laws & Governing Board of IPAs Regulations, 2016 and Information Utilities Regulations, 2017

IBBI amends (a) the Insolvency and Bankruptcy Board of India (Insolvency Professional Agencies) Regulations, 2016, (b) the Insolvency and Bankruptcy Board of India (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) Regulations, 2016, and (c) the Insolvency and Bankruptcy Board of India…

0 comments on “IBBI amends the Insolvency Professionals Regulations, 2016”

IBBI amends the Insolvency Professionals Regulations, 2016

IBBI amends the Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations, 2016 The Insolvency and Bankruptcy Board of India (Board) has notified the Insolvency and Bankruptcy Board of India (Insolvency Professionals) (Second Amendment) Regulations, 2018 today. 2. The salient amendments are:…

0 comments on “IBBI amends the CIRP Regulations, 2016”

IBBI amends the CIRP Regulations, 2016

IBBI amends the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 The Insolvency and Bankruptcy Board of India (IBBI) has notified the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons)…