#IBC 2016
Log in to FollowLatest IBC 2016 judgments, orders, IBC developments, insolvency and corporate law updates with practical legal analysis on TaxGuru.

IBBI suspends registration of IP for not disclosing Pending Criminal proceeding at the time of Registration

IBBI penalises IP for not taking due diligence while performing duties as an IRP

IP violates code by charging fees as percentage of amount distributed or realised

IBBI notifies Format for Serving a Copy of Application for Initiation of CIRP

IBBI invites EOI from prospective eligible institutions for conducting Graduate Insolvency Programme

NCLT admits plea for insolvency process initiation against personal guarantor

IP to ensure reasonable fees & appoint professionals only on need basis

Fast Track Insolvency Procedure

No ‘Secured Creditor’ status to financier If Hypothecation Charge Not Registered

Mr. Santosh Kumar Shukla takes charge as Executive Director, IBBI

Lease rentals from use & occupation of a cold storage unit is ‘Operational Debt’ u/s 5(21) of IBC 2016

Accepting of assignment as Liquidator without holding valid AFA

Liquidation of Corporate Debtor should be last resort; SC Stays auction of properties of Corporate Debtor

Acceptance of voluntary liquidation assignment without holding valid AFA contravenes IP Regulations
Explore the latest IBC 2016 judgments, orders and legal developments on TaxGuru. Coverage includes the Insolvency and Bankruptcy Code, CIRP, liquidation, resolution plans, creditor and debtor rights, Companies Act issues and related appellate developments. The page is designed to help insolvency professionals, companies, lenders and advisers follow significant rulings and their practical corporate-law implications.
