Acronyms

Defined Terms in this website page www.ibclaw.in as under:

Short Name of Acts:
BR Act Banking Regulation Act, 1949
CA 1956 Companies Act, 1956
CA 2013 Companies Act, 2013
Code Insolvency and Bankruptcy Code, 2016
IBC Insolvency and Bankruptcy Code, 2016
Limitation Act Limitation Act, 1963
RDDBFI Recovery of Debts Due to Banks and Financial Institutions Act, 1993 (RDDBFI Act, 1993)
SARFAESI Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act, 2002)
Terms Defined
ARCs Asset Reconstruction Companies
BR Act Banking Regulation Act, 1949
CA 1956 Companies Act, 1956
CA 2013 Companies Act, 2013
CCI Competition Commission of India
CIRP Corporate Insolvency Resolution Process
CIRP Regulations Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016
CIRP Rules Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016
CoC Committee of Creditors
Code Insolvency and Bankruptcy Code, 2016
Deposit Rules Companies (Acceptance of Deposit) Rules, 2014
DRT Debt Recovery Tribunal
F-CIRP Fast Track Corporate Insolvency Resolution Process
F-CIRP Regulations Insolvency and Bankruptcy Board of India (Fast Track Insolvency Resolution Process for Corporate Persons) Regulations, 2017
Home buyers Purchasers of under-construction apartments
IBBI Insolvency and Bankruptcy Board of India
IP Regulations Insolvency and Bankruptcy Board of India (Insolvency Professional) Regulations, 2016
IRP Interim Resolution Professional
IRP costs Insolvency resolution process costs
IU Information Utilities
JLF Joint Lender’s Forum
Limitation Act Limitation Act, 1963
Liquidation Regulations Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016
LLP Limited Liability Partnership
LLP Act Limited Liability Partnership Act, 2008
LLP Rules LLP (Winding-Up and Dissolution) Rules, 2012
MCA Ministry of Corporate Affairs, Government of India
MSMEs Micro, Small and Medium Enterprises
NCLAT National Company Law Appellate Tribunal
NCLT National Company Law Tribunal
NPA Non-Performing Asset
RBI Reserve Bank of India
RDDBFI Act Recovery of Debts Due to Banks and Financial Institutions Act, 1993
Report Report of the Committee
WhatsApp Bulletin-XIV