Insolvency and Bankruptcy Board of India vide notification dated 20th October, 2023 has issued a Discussion Paper on “Rationalization of the Regulatory Framework for Enhancing the Effe… Read More

Insolvency and Bankruptcy Board of India vide notification dated 21st September, 2023 has issued Agenda Board Notes on IBBI (Insolvency Resolution Process for Corporate Persons) (Second Amen… Read More

Discover significant amendments in IBBI (Insolvency Resolution Process for Corporate Persons) Regulations of 2023. Explore new regulations, timelines, and increased auditor roles. The post I… Read More

IBBI Login is a cutting-edge online platform that provides seamless access to the Indian Insolvency and Bankruptcy Board’s services. Serving as a secure gateway, IBBI Login offers a co… Read More

India’s real estate sector accounted for more than 50% of the total realizations under IBC. Large number of vacancies in National Company Law Tribunal had contributed to significant… Read More

Insolvency and Bankruptcy Board of India vide circular dated 1st September, 2023 has issued clarification regarding Filing of CIRP Forms for the purpose of monitoring corporate insolvency re… Read More

The Insolvency and Bankruptcy Board of India (IBBI) has introduced the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Amendment) Regulations… Read More

NCLAT Delhi held that the First Schedule of IBBI (Insolvency Professionals) Regulations, 2016 provides that the Resolution Professional is expected to charge his fees in a transparent manner… Read More

Average resolution time under IBC touches three-year high in June quarter: Report https://ift.tt/PYBbjxq timeline for completion of resolution under the Insolvency and Bankruptcy Code (IBC)… Read More

Go First and Jet Airways, the cash-strapped airlines have lost their airline codes ‘G8 and 9W’ assigned by the International Air Transport Association (IATA) for being n… Read More

Explore the Insolvency and Bankruptcy Code (IBC) 2016, its objectives, framework, key features, and roles of IBBI, NCLT, and NCLAT in insolvency resolution The post Understanding Insolvency… Read More

New Delhi: Uniform standards are needed to value assets of companies facing bankruptcy proceedings to ensure credibility and usefulness of the valuation reports given by professiona… Read More

The Supreme Court on Monday dismissed Go First’s appeal against a Delhi High Court judgment allowing lessors to inspect planes rented to the airline. A brief about the Supreme Court… Read More

ead the Order by the Insolvency and Bankruptcy Board of India (Disciplinary Committee) cautioning an Insolvency Professional regarding liquidation value discrepancies and the need to be care… Read More

New Delhi: The National Company Law Tribunal (NCLT) has sought the consent of the Insolvency and Bankruptcy Board of India (IBBI) and the Committee of Creditors (CoC) on Go First&rs… Read More

IBBI has issued a Discussion Paper on measures for increasing the possibility of resolution, value of resolution plan and enabling timely resolution on 7th June, 2023. There have been critic… Read More

The Insolvency and Bankruptcy Board of India (IBBI) vide notification dated June 12, 2023 has issued the “Insolvency Professionals to Act as Interim Resolution Professionals, Liquidato… Read More

Under section 18(1)(b) of the Insolvency and Bankruptcy Code, 2016 (Code), it is the duty of Insolvency Resolution Professional (IRP) to receive and collate all the claims submitted by the c… Read More

The Insolvency and Bankruptcy Board of India on 04th March, 2023 has issued clarification regarding the facility on itswebsite at https://ibbi.gov.in/en/intimation-applications/apply-iaa for… Read More

New Delhi/Mumbai: The decision of low-frills airline Go First to move to the National Company Law Tribunal (NCLT) on Tuesday has two unique characteristics. One, it’s the… Read More

The cumulative recovery rate under the insolvency resolution processes of debt-ridden companies declined to 30.18 per cent at the end of the September quarter, indicating that lenders took m… Read More

IP shall ensure disclosure of the relationship, if any, of the other professional engaged by him with himself, the Corporate Debtor (CD), Financial Creditor, Interim Finance Provider and Pro… Read More

The Insolvency and Bankruptcy Board of India (IBBI) has issued a public notice for the appointment of a panel of Insolvency Professionals (IPs). The notice was issued for the constitution of… Read More

The Insolvency and Bankruptcy Board of India (IBBI) on December 12, 2022, notifies the Insolvency Professionals to act as Interim Resolution Professionals, Liquidators, Resolution Profession… Read More

Recently, the central government and the Insolvency & Bankruptcy Board of India (IBBI) released a discussion paper on January 18, 2023, which will form as the basis for amending the Inso… Read More

IBBI issued the Circular No. IBBI/CIRP/36/2020 dated 27th November, 2020 directing the IP to file the list of creditors and modification thereof in the stipulated format on electronic platfo… Read More

mkknewsindia NEW DELHI: The government and the Insolvency & Bankruptcy Board of India (IBBI) have proposed an overhaul of the six-year-old Insolvency & Bankruptcy Code (IBC) to spe… Read More

Mumbai, 6 December 2022 – Since India’s Insolvency & Bankruptcy Code (IBC) was implemented in 2016, 25,225 cases involving a total of INR 10.5 Tn have been disposed of u… Read More

These regulations may be called the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Fifth Amendment) Regulations, 2020.They shall come into fo… Read More

Winding up of a Company Winding up of a CompanyThe liquidation of the Company’s assets, which are collected and sold out to satisfy the obligatio… Read More

Insolvency and Bankruptcy Board of India 14th June 2022 Inviting suggestions/inputs from public for effective and expeditious resolution of Real Estate Projects The Insolvency and Bankruptcy… Read More