Corporate Law : Article examines Section 58C under CIIRP, highlighting procedural disputes, conversion risks, and regulatory gaps that may affect ...
Corporate Law : Article examines how IBC is meant for insolvency resolution, not debt recovery, and why using it as a recovery tool may weaken its...
Company Law : The Court held that anonymous political donations infringe voters’ right to information. The ruling mandates full disclosure of ...
Corporate Law : The framework permits liquidation only where the company has not defaulted on debts and can pay liabilities. It ensures a clean an...
Company Law : The advisory clarifies that Section 8 companies are prohibited from direct strike-off using Form STK-2. It highlights that closure...
Corporate Law : The amendments replace the consultation committee with CoC oversight, giving creditors greater control over liquidation decisions....
Corporate Law : The proposal focuses on enabling creditors to initiate resolution while retaining debtor management under supervision. It sets out...
Corporate Law : The amendments arise from the inclusion of a unified “service provider” definition under the Code. The move expands regulatory...
Corporate Law : The issue addressed is ambiguity in authentication and evidentiary value of financial information in insolvency cases. The propose...
Corporate Law : The proposal aligns grievance regulations with the newly introduced definition under the amended Code. It aims to ensure uniform a...
Corporate Law : The issue was whether delayed charges without supporting records could qualify as operational debt. The Tribunal ruled that absenc...
Corporate Law : Supreme Court affirmed that insolvency proceedings under IBC do not bar prosecution under Section 138 of NI Act. It held that crim...
Corporate Law : The case concerned an appeal against rejection of an insolvency petition involving alleged unpaid operational dues. The tribunal f...
Corporate Law : Observations regarding inconsistencies and possible backdating of documents led the Court to closely examine the claim. The case r...
Corporate Law : Bank of India Vs Neurostar Hospital Private Limited (NCLT Mumbai) The application was filed under Section 7 of the Insolvency and ...
Corporate Law : IBBI has extended the last date for stakeholder comments on key insolvency discussion papers. The move allows more time for feedba...
Corporate Law : The issue was whether an insolvency professional fulfilled due diligence obligations under Section 29A. The Committee held that fa...
Corporate Law : The Authority held that information accessible on official websites need not be reproduced under RTI. The appeal was disposed of a...
Corporate Law : The authority held that confusion arising from interim orders did not absolve the professional from taking proactive steps. The ca...
Corporate Law : The issue was whether IBBI must provide data held by a regulated entity. The Authority held that RTI applies only to information h...
How can I take the IBBI – Limited Insolvency Examination? You need to go through three stages for taking the examination and follow instructions given on the screen at every stage:
(1) These Regulations may be called the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016. (2) These Regulations shall come into force on the date of their publication in the Official gazzate.
Central Govt appoints 15.12.2016 as the date on which provisions of section 33 to section 54 of Insolvency and Bankruptcy Code, 2016 shall come into force.
As most you may aware that The Insolvency and Bankruptcy Code, 2016 is the bankruptcy law of India which seeks to consolidate the existing framework by creating a single law for insolvency and bankruptcy. The Code received the assent of the President of India on 28 May 2016.
These Regulations may be called Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 and comes into force on 01.12.2016
These rules may be called the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016. They come into force from 1st December, 2016.
MCA notified following provisions of Insolvency and Bankruptcy Code, 2016 from 1st December, 2016 (1) clause (a) to clause (d) of section 2 (except with regard to voluntary liquidation or Bankruptcy);
Insolvency and Bankruptcy Board (IBBI) of India notifies two Regulations; The IBBI (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) Regulations, 2016 and IBBI (Insolvency Professional Agencies) Regulations, 2016.
S.O. 3453(E).— In exercise of the powers conferred by sub-section (3) of section 1 of the Insolvency and Bankruptcy Code, 2016 (31 of 2016), the Central Government hereby appoints the 15th November, 2016 as the date on which the provisions of the following sections of the said Code shall come into force
Insolvency and Bankruptcy Code, 2016 is to consolidate and amend the laws relating to reorganisation and insolvency resolution of corporate persons, partnership firms and individuals in a time bound manner.
