Changes in Income Tax Act, 1961 in relation to Insolvency & Bankruptcy Code, 2016 (IBC)- All Union Budgets since 2018
Changes in Income Tax in relation to Insolvency & Bankruptcy Code, 2016(IBC)- All Union Budgets Union Budget 2023 February 1, […]
Amendments in various fees payable to IBBI under Insolvency and Bankruptcy Code, 2016
List of amendments in fee payable to IBBI by Insolvency Professionals, Insolvency Professional Entity(IPE), Information Utilities and Regulatory Fee and comparison with old Fees.
IBBI introduces Regulatory Fee using power under clause (c) and clause (t) of sub-section (1) of section 196 and inserted a new Regulation 31A of CIRP Regulations, 2016. The Regulatory fee is 0.25 per cent of the realisable value to creditors under the resolution plan approved u/s 31 and 1% of the cost being booked in CIRP costs in respect of hiring any professional or other services by the IRP/RP for assistance in a CIRP.
Amendments in various fees payable to IBBI under Insolvency and Bankruptcy Code, 2016 Read Post »
Webinar on 17.09.2022: Panel Discussion on “Analysing the effects of the judgement of Hon’ble Supreme Court in Vidarbha Industries and Rainbow Paper on Resolutions under IBC”
Webinar on 17.09.2022: Panel Discussion on “Analysing the effects of the judgement of Hon’ble Supreme Court in Vidarbha Industries and
e-Journal – Insolvency Bulletin- Sep’22
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e-Journal – Insolvency Bulletin- Sep’22 Read Post »
e-Journal – Insolvency Bulletin- Jun’22
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e-Journal – Insolvency Bulletin- Jun’22 Read Post »
Insolvency: Now & Beyond – Joint publication by Insolvency and Bankruptcy Board of India (IBBI) & Foreign Commonwealth Development Office (FCDO), UK
Insolvency: Now & Beyond Joint – publication by Insolvency and Bankruptcy Board of India & Foreign Commonwealth Development Office, UK
List of Companies Resolution Plan approved during the Jan-Mar’2022
List of CIRP of Corporate Debtors has completed with approval of Resolution Plan by NCLT
List of Companies Resolution Plan approved during the Jan-Mar’2022 Read Post »
Admission Notice – NLIU, Bhopal -Graduate Insolvency Program (GIP) Entrance Test (NLIU-GIPET) – 2022, Registration Close – 20th May 2022
Insolvency and Bankruptcy Board of India (IBBI) has approved that the National Law Institute University, Bhopal shall offer two-year Graduate Insolvency Programme (GIP) for young and bright minds having the prescribed qualification in relevant disciplines to become Insolvency Professionals (IP). Read here all about admission procedure….
RBI asset classification, income recognition and provisioning norms in case of Borrowers ongoing Insolvency Resolution Process (CIRP)
The Circular provides provisioning norms in case of Borrower ongoing Insolvency Resolution Process (CIRP), Asset Classification of Interim Finance extended by the lenders to debtors undergoing insolvency proceedings under IBC, Change in Ownership: Asset Classification after transfer of ownership of a Corporate Debtor to Successful Resolution Applicant(SPA) etc.
Financial creditors realise 221% of liquidation value and 51% of admitted claims through corporate insolvency resolution process
Financial creditors realise 221% of liquidation value and 51% of admitted claims through corporate insolvency resolution process 15.03.2022: As per
