Insolvency and Bankruptcy Board of India7th Floor, Mayur Bhawan, Connaught Place, New Delhi-110001CIRCULAR No. IBBI/LIQ/77/2024 09th October 2024 ToAll Registered […]
Insolvency and Bankruptcy Board of India7th Floor, Mayur Bhawan, Connaught Place, New Delhi-110001 CIRCULAR No. IBBI/LIQ/76/2024 09th October 2024 ToAll
MINISTRY OF CORPORATE AFFAIRSNOTIFICATIONNew Delhi, the 25th September, 2024 S.O. 4196(E).-In exercise of the powers conferred by section 410 of
MCA Notification No. S.O. 4196(E) dated 25.09.2024 Read Post »
General Circular No. 09/2024 File No. Policy-17/57/2021-CL-MCAGovernment of IndiaMinistry of Corporate Affairs 5th Floor, ‘A’ Wing, Shastri Bhawan,Dr. Rajendra Prasad
MINISTRY OF CORPORATE AFFAIRSNOTIFICATIONNew Delhi, the 18th September, 2024 G.S.R. 577(E).— In exercise of the powers conferred by sub-section (3)
MINISTRY OF CORPORATE AFFAIRSNOTIFICATION New Delhi, the 10th September, 2024. G.S.R. 560(E).—In exercise of the powers conferred by clause (zd)
MINISTRY OF CORPORATE AFFAIRSNOTIFICATION New Delhi, the 9th September, 2024 G.S.R. 555 (E).— In exercise of the powers conferred by
It is proposed to amend Regulation 36 of the CIRP Regulations for making disclosures about the status of the corporate debtor, being registered or not, as a micro, small or medium enterprise in accordance with the provisions of the Micro, Small and Medium Enterprises Development Act, 2006.
Furthermore, in case, available documents with the RP, indicates CD falls within the category of MSME, in that event, he may get the Udyam Registration Certificate generated, on case-to-case basis before making such disclosure in the IM.
The proposed amendment is expected to reduce information asymmetry in the resolution process for MSMEs. It may encourage greater participation from potential resolution applicants who may have otherwise been uncertain about their eligibility. Certain resolution applicants specifically look for MSMEs due to their unique nature and advantages, such as simplified compliance requirements and government incentives. This may lead to enhanced participation and thereby lead to improved outcomes in terms of value maximization.
Discussion Paper on MSME Registration and Disclosure Framework under CIRP Read Post »
MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 12th August, 2024 G.S.R. 491(E). – In exercise of the powers conferred
The Companies (Registration of Foreign Companies) Amendment Rules, 2024 Read Post »
Insolvency and Bankruptcy Board of India 7th Floor, Mayur Bhawan, Connaught Place, New Delhi-110001 CIRCULAR No. IBBI/RV/75/2024 12th August, 2024
