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Provisions covered under Social Security Agreement (SSA)

  19 Jun 2022   0 comment
Ministry of Labour & Employment (Government of India) YOU DO KNOW? Provisions covered under Social Security Agreement (SSA) SOCIAL SECURITY AGREEMENT Detachment : International Workers deputed to work in a country having an Agreement on Social Security with their home country are not required to contribute to social security system in...
Posted Under: Corporate Law |

Discussion Paper on Streamlining the Liquidation Process

  16 Jun 2022   0 comment
IBC, 2016 does not envisage any mechanism for oversight and monitoring of liquidation process and liquidator by creditors, similar to that provisioned for CIRP through Committee of Creditors...
Posted Under: Corporate Law |

Report of Insolvency Law Committee on IBC 2016 implementation

  16 Jun 2022   0 comment
Recommendations to Government on issues arising in implementation of Insolvency and Bankruptcy Code, 2016, as well as on the recommendations received from various stakeholders....
Posted Under: Corporate Law |

IBBI invites suggestions for expeditious resolution of Real Estate Projects

  15 Jun 2022   0 comment
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 Code, 2016 (Code) was amended in 2018 to clarify the status of allottees of a real state project as Financial Creditors. However, large number of rea...
Posted Under: Corporate Law |

Discussion Paper on enabling entities to become insolvency professional

  14 Jun 2022   0 comment
Discussion Paper on enabling entities to become insolvency professional deals with issue of enabling entities to get registered as an insolvency professional (IP) under IBC 2016....
Posted Under: Corporate Law |

Extension of Ban on usage of Single Use Plastic from 1st July

  12 Jun 2022   0 comment
The ban on single use plastic to be enforced from July,2o22, is a pragmatic step and much needed to protect the environment but in the absence of equivalent alternatives it could prove to be a nightmare for trade & commerce in India....
Posted Under: Corporate Law |

Discussion Paper on Remuneration of an Insolvency Professional

  09 Jun 2022   0 comment
Discussion Paper on Remuneration of an Insolvency Professional deals with issue of fee of an insolvency professional (IP) acting as interim resolution professional (IRP)/ resolution professional (RP) in corporate insolvency resolution process (CIRP) ...
Posted Under: Corporate Law |

IPs to act as IRP, Liquidators, RP & Bankruptcy Trustees (Recommendation) Guidelines, 2022

  08 Jun 2022   0 comment
Insolvency and Bankruptcy Board of India Insolvency Professionals to act as Interim Resolution Professionals, Liquidators, Resolution Professionals and Bankruptcy Trustees (Recommendation) Guidelines, 2022 June 08, 2022 Corporate Insolvency The Insolvency and Bankruptcy Board of India (Board) is required under the Insolvency and Bankruptc...
Posted Under: Corporate Law |

MCA to launch of National CSR Exchange Portal

  08 Jun 2022   1 comment
Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman to launch the Iconic Day celebrations of Ministry of Corporate Affairs at Vigyan Bhawan tomorrow To commemorate Amrit Mahotsav, MCA to launch of National CSR Exchange Portal MCA to release commemorative Postal Stamp on Investor Awareness A short film on the evolution...
Posted Under: Corporate Law |

Draft IRDAI (Appointed Actuary) Regulations, 2022

  04 Jun 2022   0 comment
Insurance Regulatory and Development Authority of India  Appointed Actuary (AA) Regulations Background: An Appointed Actuary (AA) plays an important statutory role in an insurance company. The IRDAI (Appointed Actuary) Regulations, 2017 prescribe the “Eligibility Criteria” and “Duties and Obligations” of an AA along with other pr...
Posted Under: Corporate Law |

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