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No New Exam Authority Due to Misleading Media Reports Creating Panic: ICAI

April 17, 2026 3288 Views 0 comment Print

The issue involved false reports about a new authority for CA exams. ICAI clarified that no such proposal is confirmed, urging students to ignore rumors and focus on exams.

Empanelment of General Observers (GO) for CSEET Examinations June, 2026

April 17, 2026 432 Views 0 comment Print

ICSI has opened empanelment for General Observers to ensure smooth conduct of CSEET exams. Eligible members must apply within the specified window, subject to strict eligibility conditions.

IBBI Proposes Amendments Due to Introduction of ‘Service Provider’ Definition

April 15, 2026 417 Views 0 comment Print

The amendments arise from the inclusion of a unified “service provider” definition under the Code. The move expands regulatory coverage and ensures uniform applicability of inspection and investigation provisions.

IBBI proposes Amendments to Information Utilities Regulations, 2017

April 15, 2026 405 Views 0 comment Print

The issue addressed is ambiguity in authentication and evidentiary value of financial information in insolvency cases. The proposed changes clarify authentication timelines and make IU records reliable proof of default.

IBBI Proposes Regulation Changes Due to New ‘Service Provider’ Definition in IBC Amendment

April 15, 2026 360 Views 0 comment Print

The proposal aligns grievance regulations with the newly introduced definition under the amended Code. It aims to ensure uniform applicability across all insolvency-related entities.

IBBI Proposes Major CIRP Changes to Strengthen Creditor Rights and Governance

April 15, 2026 384 Views 0 comment Print

The amendments focus on better protection of creditor interests and structured insolvency processes. They introduce new mechanisms for asset transfer, claim verification, and resolution monitoring.

IBBI Proposes Flexible PPIRP Filing Norms by Shifting Requirements to Regulations

April 15, 2026 333 Views 0 comment Print

The amendment replaces rigid statutory documentation requirements with a flexible framework. This change empowers regulators while reducing compliance burden for applicants.

IBBI Proposes Amendments to Strengthen Transparency in Personal Guarantor Insolvency

April 15, 2026 396 Views 0 comment Print

The issue addressed gaps in disclosure and coordination in insolvency processes. IBBI proposed mandatory asset disclosure and creditor oversight, aiming to improve transparency and effective resolution outcomes.

IBBI Proposes Amendments to (Voluntary Liquidation Process) Regulations, 2017

April 15, 2026 348 Views 0 comment Print

The proposal mandates written reasons for claim rejection and timely communication within seven days. It aims to improve accountability and clarity in the liquidation process.

Availing Facility of Integrated Filing Mechanism with Stock Exchanges

April 13, 2026 273 Views 0 comment Print

The issue concerns multiple filings of the same disclosures on different stock exchanges. The framework enables a single filing system, reducing duplication and improving compliance efficiency.

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