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Archive: 01 June 2026

Posts in 01 June 2026

How the Indian Oil Card Helps You Earn Rewards on Everyday Fuel Purchases

June 1, 2026 801 Views 0 comment Print

The Indian Oil Card allows users to earn reward points, surcharge waivers, and other benefits on regular fuel spending. The key takeaway is that routine fuel expenses can generate additional value when managed through a reward-focused credit card.

IBBI Mandates Comprehensive Asset Disclosure by Personal Guarantors in Insolvency Cases

June 1, 2026 243 Views 0 comment Print

The 2026 amendments require personal guarantors to disclose a complete statement of assets, including digital assets, investments, beneficial interests, and overseas holdings. The move aims to enhance transparency in insolvency proceedings

IBBI Amends Voluntary Liquidation Rules to Introducs New Claim & Closure Procedures

June 1, 2026 750 Views 0 comment Print

The 2026 amendments introduce new requirements for submission and updating of claims, communication of claim decisions, and recording reasons for claim rejection. A detailed framework for termination of voluntary liquidation proceedings has also been added.

IBBI Amends Pre-Pack Regulations as Statutory Forms Are Replaced With Board-Notified Formats

June 1, 2026 225 Views 0 comment Print

The Third Amendment Regulations, 2026 replace references to Forms P1–P14 with formats to be notified by the IBBI. The Schedule containing the prescribed forms has also been omitted.

IBBI Introduces Information of Dispute Framework in Information Utility Rules

June 1, 2026 225 Views 0 comment Print

IBBI has amended the Information Utilities Regulations to formally recognize “Information of Dispute” when a debtor contests a reported default. The change creates a distinct mechanism for handling disputed default information.

IBBI (Inspection and Investigation) (Amendment) Regulations, 2026

June 1, 2026 240 Views 0 comment Print

The 2026 amendment replaces references to whole-time members with a broader framework allowing the Disciplinary Committee to consist of one or more persons. The changes update the regulatory structure governing inspections and investigations under the IBC framework.

IBBI Amends Grievance Rules to Remove Form A Requirement for Complaints

June 1, 2026 171 Views 0 comment Print

The Board has streamlined grievance procedures by omitting Form A from the regulations and allowing complaints in Board-notified formats. The move increases administrative efficiency and procedural adaptability.

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