2024

eBKray Auction Platform for the sale of assets under Liquidation Process: Centralized Electronic Listing and Auction Platform – IBBI Circular No. IBBI/LIQ/78/2024 dated 29.10.2024

IBBI has collaborated with the Indian Banks’ Association (IBA) to facilitate the auction of assets through the eBKray platform which is presently owned and managed by PSB Alliance Private Limited (a consortium of 12 public sector banks). eBKray has been conducting auctions for assets mortgaged to public sector banks under the SARFAESI Act for the past five years.

eBKray Auction Platform for the sale of assets under Liquidation Process: Centralized Electronic Listing and Auction Platform – IBBI Circular No. IBBI/LIQ/78/2024 dated 29.10.2024 Read Post »

Clarification on holding of Annual General Meeting (AGM) and EGM through Video Conference (VC) or Other Audio Visual Means (OAVM) and passing of Ordinary and Special resolutions by the companies under the Companies Act, 2013 – MCA GC No. 09/2024 dated 19.09.2024

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

Clarification on holding of Annual General Meeting (AGM) and EGM through Video Conference (VC) or Other Audio Visual Means (OAVM) and passing of Ordinary and Special resolutions by the companies under the Companies Act, 2013 – MCA GC No. 09/2024 dated 19.09.2024 Read Post »

Generation of Valuation Report Identification Number (VRIN) for valuation conducted by Register Valuer under Insolvency and Bankruptcy Code, 2016 (IBC) – Circular IBBI/RV/75/2024 dated 12.08.2024

Insolvency and Bankruptcy Board of India 7th Floor, Mayur Bhawan, Connaught Place, New Delhi-110001 CIRCULAR No. IBBI/RV/75/2024 12th August, 2024

Generation of Valuation Report Identification Number (VRIN) for valuation conducted by Register Valuer under Insolvency and Bankruptcy Code, 2016 (IBC) – Circular IBBI/RV/75/2024 dated 12.08.2024 Read Post »

Guidelines for Committee of Creditors (CoC) – IBBI dated 06.08.2024

IBBI issues Guidelines for Committee of Creditors (CoC) covering following aspects:
1. Objectivity and Integrity
2. Independence and impartiality
3. Professional competence and participation
4. Co-operation, supervision and timeliness
5. Confidentiality
6. Costs
7. Meeting of the CoC
8. Feasibility and viability of corporate debtor.

Guidelines for Committee of Creditors (CoC) – IBBI dated 06.08.2024 Read Post »

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