Corporate Law : The framework permits liquidation only where the company has not defaulted on debts and can pay liabilities. It ensures a clean an...
CA, CS, CMA : The High Court ruled that retrospective cancellation of GST registration is invalid if such action is not proposed in the original...
Corporate Law : Explains how the 2025 amendment removes going-concern sales from liquidation. Highlights the shift toward speed and finality over ...
Corporate Law : IBBI Regulations 32 & 32A for liquidation: defines asset sale modes and prioritizes selling the business as a going concern to max...
Corporate Law : Understand secured creditor rights under IBC Section 52 during liquidation: relinquish security to the estate or realize independe...
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...
Company Law : NCLAT Delhi held that each and every commercial transaction which has resulted in loss may not be labelled as fraudulent or to hav...
Company Law : The appellate tribunal quashed orders permitting bankruptcy against personal guarantors after a creditor consented to grant additi...
Company Law : NCLT Allahabad held that financial creditor duly established existence of financial debt and default thereon on the part of the Co...
Company Law : The tribunal held that the resolution plan was invalid because several valuable properties were omitted from the Information Memor...
Company Law : NCLAT Delhi held that Prospective Resolution Applicant or unsuccessful Resolution Applicant doesn’t have vested right to challen...
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...
Corporate Law : The appeal found that the RTI response was delayed beyond statutory timelines. The key takeaway is that delay breaches RTI provisi...
Corporate Law : The issue was whether an RVO could grant conditional enrolment to an unqualified applicant. The authority held that such enrolment...
Corporate Law : The amendment allows financial creditors to directly initiate insolvency with prior approvals, reducing delays. It ensures faster ...
Learn about the new guidelines by IBBI for Insolvency Professionals acting as IRPs, Liquidators, RPs, and BTs. Details on eligibility, procedures, and implications.
Discover IBBI Circular No. IBBI/LIQ/74/2024 dated 28-06-2024 on voluntary liquidation processes under the Insolvency and Bankruptcy Code, streamlining compliance for Insolvency Professionals (IPs).
Discover how IBBI’s Circular No. IBBI/LIQ/73/2024 simplifies liquidation filing under IBC, 2016, enhancing efficiency for Insolvency Professionals. Effective June 28, 2024.
Learn about the filing requirements and forms for monitoring voluntary liquidation processes under the Insolvency and Bankruptcy Code (IBC) 2016 and its regulations.
Explore the IBBI Disciplinary Committees detailed order on Shashi Agarwal, analyzing alleged contraventions, submissions, and conclusions in insolvency cases.
Explore IBBIs disciplinary action on Pinaki Sircar, scrutinizing his conduct as IRP and RP in CD-1 and CD-2 insolvency cases. Read the full analysis and conclusions.
IBBI updates the progress report format for liquidation processes, seeking comments by July 12, 2024. Learn about the new requirements and how to provide feedback.
Explore company exit strategies in India: Strike Off under Companies Act, 2013 vs Voluntary Liquidation under IBC, 2016. Understand process, benefits, and applicability for your company’s closure.
The IBBI dismissed Ashish Shankar RTI appeal due to vague and unclear information requests. Learn about the decision and its implications.
RTI Appeal by Prashant Sheth against IBBI denied due to exemptions under RTI Act. Detailed analysis of the decision by First Appellate Authority.
