IBBI

Voluntary Liquidation under IBC 2016

Corporate Law - Join GST Online Certification Course by GST Professionals & TaxGuru.in – Batch II Voluntary Liquidation under IBC 2016 A New Beginning The Central Government has, on 30 March 2017, notified, inter alia, Section 59 of the Insolvency and Bankruptcy Code, 2016 (Code) which deals with voluntary liquidation of corporate entities with eff...

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Analysis of IBC (Removal of Difficulties) Order 2017

Corporate Law - The Government on 24th May 2017 released the Insolvency and Bankruptcy Code (Removal of Difficulties) Order, 2017 making additions in the Eighth Schedule of the Code, which originally amends the Sick Industrial Companies (Special Provisions) Repeal Act, 2003 (SICA), in order to clarify the matter in view of the repeal of the Sick Industri...

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Frequently Asked Questions on Insolvency and Bankruptcy Code 2016

Corporate Law - The Insolvency and Bankruptcy Code, 2016 was enacted with a purpose to consolidate and amend the laws relating to reorganisation and insolvency resolution of corporate persons, partnership firms and individuals and align Indian law at par with the best practices being followed Internationally....

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Procedure For Initiating Corporate Insolvency Resolution Process

Corporate Law - Join GST Online Certification Course by GST Professionals & TaxGuru.in – Batch II THE PROCEDURE FOR INITIATING THE CORPORATE INSOLVENCY RESOLUTION PROCESS (CIRP) UNDER THE PROVISIONS OF THE INSOLVENCY & BANKRUPTCY CODE IS EXPLAINED BELOW: Source- http://www.ipaicmai.in/IPA/Upload/Newsletter-01-15042017.pdf...

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Voluntary Winding Up under Insolvency and Bankruptcy Code, 2016

Corporate Law - In this Flash editorial, the auditor begins by referring notifications for applicability of provisions of Voluntary Liquidation/ winding up under Insolvency and Bankruptcy Code, 2016. The main thrust of the article, however, is upon the provisions / regulations, of IBC concerning liquidation of a corporate person - companies, limited liab...

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IBBI constitutes Working Group to implement IBC, 2016

Corporate Law - The Insolvency and Bankruptcy Board of India has constituted a Working Group for recommending the strategy and approach for implementation of the provisions of the Insolvency and Bankruptcy Code, 2016 to deal with insolvency and bankruptcy in respect of (i) Guarantors to Corporate Debtors, and (ii) Individuals having Business, and draftin...

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Insolvency Professional without Certificate of Registration?

Corporate Law - IBC Code read with the Regulations allow only a person having the required qualification and experience to be enrolled as a member of an IPA and thereafter registered as an IP with the IBBI. Only such a person can act as IP and render services as an IP under the Code. ...

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IBBI announces Second Edition of Limited Insolvency Examination

Corporate Law - The Board specifies the syllabus, format and frequency of the Limited Insolvency Examination under regulation 3(3) of Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations, 2016 as under:...

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IBBI constitutes Committee to lay down Technical Standards

Corporate Law - The Insolvency and Bankruptcy Board of India (IBBI) constitutes Technical Committee to lay down Technical Standards for the performance of core services and other services under IBBI (Information Utilities) Regulations, 2017...

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IBBI Draft regulations for Fast Track Resolution process for Eligible Corporate Persons

Corporate Law - Join GST Online Certification Course by GST Professionals & TaxGuru.in – Batch II IBBI invites public comments on Draft regulations for Fast Track Resolution process for Eligible Corporate Persons The Ministry of Corporate Affairs had set up four Working Groups to facilitate implementation of the Insolvency and Bankruptcy Code, 2016...

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IBBI notifies debtors for fast track corporate insolvency resolution process

Notification No. S.O. 1911 (E) - (14/06/2017) - Central Government hereby notifies that an application for fast track corporate insolvency resolution process may be made in respect of the following corporate debtors under section 55 of the Insolvency and Bankruptcy Code, 2016...

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IBBI notifies Fast Track Insolvency Resolution Process

Notification No. S.O.1910(E) - (14/06/2017) - Central Government appoints 14th day of June, 2017 as date on which provisions of section 55 to 58 (both inclusive) of Insolvency and Bankruptcy Code, 2016 shall come into force....

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IBBI (Inspection and Investigation) Regulations, 2017

Notification No. No. IBBI/2017-18/GN/REG011 - (12/06/2017) - (1) These regulations may be called the Insolvency and Bankruptcy Board of India (Inspection and Investigation) Regulations, 2017. (2) These regulations shall come into force on the date of their publication in the Official Gazette....

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IBBI Fast Track Insolvency Resolution Process for Corporate Persons Regulations, 2017

IBBI/2017-18/GN/REG 012 - (14/06/2017) - An insolvency professional shall be eligible to be appointed as a resolution professional for a fast track process of a corporate debtor if he, and all partners and directors of the insolvency professional entity of which he is a partner or director, are independent of the corporate debtor....

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Insolvency and Bankruptcy Code (Removal of Difficulties) Order, 2017

S.O. 1683(E) - (24/05/2017) - In the Insolvency and Bankruptcy Code, 2016, in the Eighth Schedule, relating to amendment to the Sick Industrial Companies (Special Provisions) Repeal Act, 2003, in section 4, in clause (b), after the second proviso, the following provisos shall be inserted, namely:—...

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Recent Posts in "IBBI"

IBBI notifies debtors for fast track corporate insolvency resolution process

Notification No. S.O. 1911 (E) (14/06/2017)

Central Government hereby notifies that an application for fast track corporate insolvency resolution process may be made in respect of the following corporate debtors under section 55 of the Insolvency and Bankruptcy Code, 2016...

Read More

IBBI notifies Fast Track Insolvency Resolution Process

Notification No. S.O.1910(E) (14/06/2017)

Central Government appoints 14th day of June, 2017 as date on which provisions of section 55 to 58 (both inclusive) of Insolvency and Bankruptcy Code, 2016 shall come into force....

Read More

IBBI constitutes Working Group to implement IBC, 2016

The Insolvency and Bankruptcy Board of India has constituted a Working Group for recommending the strategy and approach for implementation of the provisions of the Insolvency and Bankruptcy Code, 2016 to deal with insolvency and bankruptcy in respect of (i) Guarantors to Corporate Debtors, and (ii) Individuals having Business, and draftin...

Read More
Posted Under: Corporate Law |

IBBI (Inspection and Investigation) Regulations, 2017

Notification No. No. IBBI/2017-18/GN/REG011 (12/06/2017)

(1) These regulations may be called the Insolvency and Bankruptcy Board of India (Inspection and Investigation) Regulations, 2017. (2) These regulations shall come into force on the date of their publication in the Official Gazette....

Read More

Insolvency Professional without Certificate of Registration?

IBC Code read with the Regulations allow only a person having the required qualification and experience to be enrolled as a member of an IPA and thereafter registered as an IP with the IBBI. Only such a person can act as IP and render services as an IP under the Code. ...

Read More
Posted Under: Corporate Law |

IBBI Fast Track Insolvency Resolution Process for Corporate Persons Regulations, 2017

IBBI/2017-18/GN/REG 012 (14/06/2017)

An insolvency professional shall be eligible to be appointed as a resolution professional for a fast track process of a corporate debtor if he, and all partners and directors of the insolvency professional entity of which he is a partner or director, are independent of the corporate debtor....

Read More

Voluntary Liquidation under IBC 2016

Join GST Online Certification Course by GST Professionals & TaxGuru.in – Batch II Voluntary Liquidation under IBC 2016 A New Beginning The Central Government has, on 30 March 2017, notified, inter alia, Section 59 of the Insolvency and Bankruptcy Code, 2016 (Code) which deals with voluntary liquidation of corporate entities with eff...

Read More
Posted Under: Corporate Law |

Analysis of IBC (Removal of Difficulties) Order 2017

The Government on 24th May 2017 released the Insolvency and Bankruptcy Code (Removal of Difficulties) Order, 2017 making additions in the Eighth Schedule of the Code, which originally amends the Sick Industrial Companies (Special Provisions) Repeal Act, 2003 (SICA), in order to clarify the matter in view of the repeal of the Sick Industri...

Read More
Posted Under: Corporate Law |

Insolvency and Bankruptcy Code (Removal of Difficulties) Order, 2017

S.O. 1683(E) (24/05/2017)

In the Insolvency and Bankruptcy Code, 2016, in the Eighth Schedule, relating to amendment to the Sick Industrial Companies (Special Provisions) Repeal Act, 2003, in section 4, in clause (b), after the second proviso, the following provisos shall be inserted, namely:—...

Read More

IBBI announces Second Edition of Limited Insolvency Examination

The Board specifies the syllabus, format and frequency of the Limited Insolvency Examination under regulation 3(3) of Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations, 2016 as under:...

Read More
Posted Under: Corporate Law |
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