IBBI (Insolvency Professional Agencies) (Amendment) Regulations, 2022 – IBBI Notification No. IBBI/2022-23/GN/REG089 dated 04.07.2022

The Insolvency and Bankruptcy Board of India (Insolvency Professional Agencies) (Amendment) Regulations, 2022 THE GAZETTE OF INDIAEXTRAORDINARYPART III, SECTION 4PUBLISHED BY AUTHORITYNEW DELHI, MONDAY, JULY 04, 2022 INSOLVENCY AND BANKRUPTCY BOARD OF INDIANOTIFICATION New Delhi, the 04th July, 2022 No.…

IBBI (Insolvency Professionals) (Amendment) Regulations, 2022 – IBBI Notification No. IBBI/2022-23/GN/REG088 dated 04.07.2022

Insolvency and Bankruptcy Board of India (Insolvency Professionals) (Amendment) Regulations, 2022 THE GAZETTE OF INDIAEXTRAORDINARYPART III, SECTION 4PUBLISHED BY AUTHORITYNEW DELHI, MONDAY, 4th JULY, 2022 INSOLVENCY AND BANKRUPTCY BOARD OF INDIANOTIFICATIONNew Delhi, the 4th July, 2022 No. IBBI/2022-23/GN/REG088.- In exercise…

Final Panel of IPs prepared in accordance with ‘IPs to act as IRPs, Liquidators, RPs and BTs (Recommendation) Guidelines, 2022’ for the period from July 1, 2022, to December 31, 2022

INSOLVENCY AND BANKRUPTCY BOARD OF INDIA PANEL FOR JULY 1, 2022 TO DECEMBER 31, 2022  Panel of IPs for appointment as, - Interim Resolution Professional (IRP) in a Corporate Insolvency Resolution Process (CIRP) under section 16(4), - Liquidator in a…

Discussion paper on changes in the corporate insolvency resolution process to reduce delays and improve the resolution value – IBBI dated 27.06.2022

Discussion paper on following points: (1) change in timelines for activities under CIRP (3) Marketing of assets by the resolution professional (3) Efforts for resolution of functional / operating parts of the CD (4) Guiding factors for the CoC to decide on early liquidation (5) Exploring compromise arrangement after CoC approves liquidation (6) Contents of Information Memorandum (IM) (7) Dealing with asset provided through a personal guarantor as part of the CIRP of the CD (8) Geo-tagging of immovable assets (9) Discussion of valuation report with CoC (10) Need for repeating the valuation exercise (11) Status of the CoC after approval of the resolution plan by the CoC (12) Minimum entitlement for dissenting financial creditors (13) Process email

Provisional List of IPs prepared in accordance with ‘IPs to act as IRPs, Liquidators, RPs and Bankruptcy Trustees (Recommendation) Guidelines, 2022

Provisional List of IPs prepared in accordance with ‘Insolvency Professionals to act as Interim Resolution Professionals, Liquidators, Resolution Professionals and Bankruptcy Trustees (Recommendation) Guidelines, 2022’, for appointment as IRP, liquidator, RP and BT, during the period July 1, 2022, to…

Insolvency Bulletin-Weekly IBC Case Laws Digest: 20th June to 26th June, 2022

Insolvency Bulletin-Weekly IBC Case Laws Digest: 20th June to 26th June, 2022 High Court 1. The proceedings under the IBC cannot be pressed into service to dilute the rights of the Income Tax Department to re-open the assessment under Section…

Discussion Paper on Financial Self-Sufficiency of the Insolvency and Bankruptcy Board of India

Insolvency and Bankruptcy Board of India 24th June, 2022 Discussion Paper on Financial Self-Sufficiency of the Insolvency and Bankruptcy Board of India Background The Insolvency and Bankruptcy Board of India (the IBBI/ Board) is one of the four key pillars…

National Financial Reporting Authority Amendment Rules, 2022 – MCA Notification No. G.S.R. 456(E) dated 17.06.2022

The National Financial Reporting Authority Amendment Rules, 2022 MINISTRY OF CORPORATE AFFAIRSNOTIFICATIONNew Delhi, the 17th June, 2022 G.S.R. 456(E).—In exercise of the powers conferred by sub-sections (2) and (4) of section 132, sub-section (1) of section 139 and sub-section (1)…

Application under Rule 4, 6 or 7 of Insolvency and Bankruptcy (Application to Adjudication Authority) Rules, 2016 – IBBI Circular No. IBBI/IU/51/2022 dated 15.06.2022

Insolvency and Bankruptcy Board of India7th Floor, Mayur Bhawan, Connaught Place, New Delhi-110001. CIRCULAR No. IBBI/IU/51/2022 15th June, 2022 ToInformation Utility(By mail to registered email address and on the website of the IBBI) Dear Madam /Sir, Subject: Application under Rule…