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Exit Strategies for Companies: Understanding Strike Off & Voluntary Liquidation

Company Law : Explore company exit strategies in India: Strike Off under Companies Act, 2013 vs Voluntary Liquidation under IBC, 2016. Understan...

June 22, 2024 429 Views 0 comment Print

Insolvency & Bankruptcy Board of India: Governing Board, Impact functions & powers

Corporate Law : Learn about the Insolvency and Bankruptcy Board of India (IBBI), its functions, impact, and powers. Understand its role in regulat...

May 27, 2024 498 Views 0 comment Print

Latest Case Law Related to IBC – January-Mar, 2024

Corporate Law : Explore recent Supreme Court rulings on dissenting creditor rights and set-off claims in insolvency cases. Detailed analysis of ke...

May 16, 2024 414 Views 0 comment Print

IBC: Liquidation Process Amendments 2024 by IBBI

Corporate Law : Explore the recent amendments to the IBBI (Liquidation Process) Regulations, 2016, enhancing stakeholder oversight and streamlinin...

February 22, 2024 1179 Views 0 comment Print

Analysis of IBBI (CIRP) (Amendment) Regulations, 2024

Corporate Law : Discover the latest amendments by IBBI to the CIRP regulations, enhancing transparency and accountability. Learn about changes lik...

February 20, 2024 564 Views 0 comment Print


Latest News


IBBI Format for progress report during Liquidation process

Corporate Law : IBBI updates the progress report format for liquidation processes, seeking comments by July 12, 2024. Learn about the new requirem...

June 22, 2024 126 Views 0 comment Print

IBBI Discussion Paper: Proposed Amendments to CIRP Regulations

Corporate Law : IBBI invites comments on proposed amendments to CIRP regulations, focusing on valuation processes, MSME treatment, voting protocol...

June 19, 2024 210 Views 0 comment Print

Discussion Paper on Streamlining CIRP Form Compliance for Insolvency Professionals

Corporate Law : Discover how the latest revisions in CIRP forms by IBBI aim to reduce the compliance burden on insolvency professionals and stream...

June 12, 2024 201 Views 0 comment Print

IBBI Guidelines 2024: Interim Resolution, Liquidation and Bankruptcy Trustees

Corporate Law : The Insolvency and Bankruptcy Board of India issues guidelines for Insolvency Professionals to act as Interim Resolution Professio...

June 5, 2024 333 Views 0 comment Print

CPIO is not bound to provide any advice/guidance or opinion to Appellant

Corporate Law : Delve into the scope of the RTI Act, rights of applicants, and appeal procedures. Learn how to navigate through legal intricacies ...

June 1, 2024 426 Views 0 comment Print


Latest Judiciary


Bombay HC Strikes Down & Upholds Portions of IBBI Circular on Liquidation Assignments

Corporate Law : The Bombay High Court rules on the Insolvency and Bankruptcy Board of India's circular regarding liquidation fees, clarifying IP's...

June 14, 2024 354 Views 0 comment Print

Delhi HC Mandates Ethical Conduct for Liquidators under IBC

Corporate Law : Delhi HC rules on Sundaresh Bhat vs IBBI, emphasizing ethical conduct and fairness for liquidators under IBC. Key insights into th...

June 13, 2024 132 Views 0 comment Print

Only costs directly related to CIRP & approved by CoC can be classified as CIRP costs: NCLAT

Corporate Law : NCLAT Delhi rules on Avil Menezes' appeal regarding CIRP costs in Sunil Hitech vs Abdul Qudduskhan case. Detailed analysis of fabr...

May 31, 2024 195 Views 0 comment Print

Unconditional Withdrawal of SLP – Appeal Not Maintainable: Delhi HC

Corporate Law : Delhi High Court dismisses appeal against IBBI, citing res judicata principle. Full text of judgment and analysis provided....

May 31, 2024 240 Views 0 comment Print

NCLAT Grants Relief to SBI: Time for Rejoinder Extended

Corporate Law : In the State Bank of India vs. Supreme Panvel Indapur Tollways Pvt. Ltd. case, NCLAT Delhi grants time for rejoinder with a cost o...

May 16, 2024 99 Views 0 comment Print


Latest Notifications


IBBI dismissed RTI appeal due to vague & unclear information requests

Corporate Law : The IBBI dismissed Ashish Shankar RTI appeal due to vague and unclear information requests. Learn about the decision and its impli...

June 22, 2024 162 Views 0 comment Print

IBBI caution IP to exercise greater caution & diligence in performing his duties

Corporate Law : IBBI's disciplinary order for Mr. Uday Narayan Mitra reveals insights on fees and compliance issues under the Insolvency and Bankr...

June 22, 2024 144 Views 0 comment Print

Copies of correspondence between IBBI & IP to complainant cannot be provided under RTI

Corporate Law : RTI Appeal by Prashant Sheth against IBBI denied due to exemptions under RTI Act. Detailed analysis of the decision by First Appel...

June 22, 2024 78 Views 0 comment Print

IBBI Rejects RTI Appeal as request not defined exact documents or information needed

Corporate Law : RTI Appeal by Shivam Gupta against IBBI denied due to unclear request. Learn about the detailed decision by the First Appellate Au...

June 22, 2024 33 Views 0 comment Print

IBBI suspends IP for one year for misconduct and lack of compliance with Code

Corporate Law : Detailed analysis of the Insolvency and Bankruptcy Board of India Disciplinary Committee's order on Mr. C Ramasubramainam, an Inso...

June 18, 2024 885 Views 0 comment Print


IBBI (Insolvency Resolution Process for Corporate Persons) (Third Amendment) Regulations, 2017

November 7, 2017 1716 Views 0 comment Print

These regulations may be called the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Third Amendment) Regulations, 2017.

IBBI (Fast Track Insolvency Resolution Process for Corporate Persons) (Third Amendment) Regulations, 2017

November 7, 2017 597 Views 0 comment Print

No. IBBI/2017-18/GN/REG020. -In exercise of the powers conferred by clause (t) of sub-section (1) of section 196 read with section 240 of the Insolvency and Bankruptcy, Code, 2016 (31 of 2016)

Clarification on approval of resolution plans U/s. 30 & 31 of IBC, 2016

October 25, 2017 2466 Views 0 comment Print

Clarification has been sought by stakeholders as to whether approval of shareholders/ members of the corporate debtor/ company is required for a resolution plan at any stage during the process for its consideration and approval as laid down under sections 30 and 31 of the Insolvency and Bankruptcy Code, 2016

Govt delegates power related to valuation of assets by registered valuers to IBBI

October 23, 2017 1641 Views 0 comment Print

Central Government hereby delegates the powers and functions vested in it under section 247 of the said Act to the Insolvency and Bankruptcy Board of India, subject to the condition that the Central Government may revoke such delegation of powers or it may exercise the powers under the said section, if in its opinion such a course of action is necessary in the public interest.

IBBI invites public comments on two Draft Insolvency rules

October 10, 2017 627 Views 0 comment Print

IBBI invites public comments on (i) Draft Insolvency and Bankruptcy (Application to Adjudicating Authority for Insolvency Resolution Process for Individuals and Firms) Rules, 2017, and (ii) Draft Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Individuals and Firms) Regulations, 2017 by 31st October, 2017.

IBBI (Fast Track Insolvency Resolution Process for Corporate Persons) Second Amendment) Regulations, 2017

October 5, 2017 1122 Views 0 comment Print

No. IBBI/2017-18/GN/REG017 These regulations may be called the Insolvency and Bankruptcy Board of India (Fast Track Insolvency Resolution Process for Corporate Persons) (Second Amendment) Regulations, 2017.

IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2017

October 5, 2017 1350 Views 0 comment Print

No. IBBI/2017-18/GN/REG018 These regulations may be called the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Second Amendment) Regulations, 2017.

IBBI notifies IBBI (Information Utilities) (Amendment) Regulations, 2017

September 29, 2017 1086 Views 0 comment Print

IBBI had notified the IBBI (Information Utilities) Regulations, 2017 on 31st March, 2017. These regulations provided that ordinarily a person should not hold more than 10% of paid up equity share capital or voting power of an information utility, while allowing certain specified persons to hold up to 25%. These further provided that a person may hold up […]

First Information Utility set up under IBC

September 27, 2017 4062 Views 1 comment Print

The Insolvency and Bankruptcy Board of India (IBBI) has granted the final approval to National e-Governance Services Ltd. (NeSL), allowing it to become the first information utility (IU) under the Insolvency and Bankruptcy Code, 2016 (the Code). Earlier in June, 2017, IBBI had granted an in-principle approval to NeSL to establish the IU.

What is difference between Insolvency and Bankruptcy?

August 20, 2017 71754 Views 3 comments Print

♠ The term insolvency is used for both individuals and organizations. For individuals, it is known as bankruptcy and for corporate it is called corporate insolvency. Both refer to a situation when an individual or company are not able to pay the debt in present or near future and the value of assets held by […]

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