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IBBI ask IP to Pass Limited Insolvency Examination again

June 8, 2020 1833 Views 0 comment Print

INSOLVENCY AND BANKRUPTCY BOARD OF INDIA (Disciplinary Committee) No. IBBI/DC/26/2020 8th June 2020 Order In the matter of Mr. Vijay Kumar Garg, Insolvency Professional (IP) under Regulation 11 of the Insolvency and Bankruptcy Board of India (Insolvency Professional) Regulations, 2016 read with Section 220 of the Insolvency and Bankruptcy Code, 2016 (Code). Appearance before Disciplinary […]

5 SOPs on preventive measures to contain spread of COVID-19

June 4, 2020 5826 Views 0 comment Print

Govt has released SOP on preventive measures to contain spread of COVID-19 in offices, SOP on preventive measures to contain spread of COVID-19 in religious places, SOP on preventive measures to contain spread of COVID-19 in hotels and other hospitality services, SOP on preventive measures to contain spread of OVD-19 in restaurants and SOP on […]

IRDAI warns ‘IFFCO Tokio’ for furnishing wrong information

June 4, 2020 1152 Views 0 comment Print

IRDAI warned IFFCO Tokio General Insurance Company Limited for furnishing wrong information under different lines of health insurance business and for delayed submission of health returns for FY 2018-19.

IBBI suspends registration of IP for 3 Month for negligence during CIRP

June 2, 2020 1446 Views 0 comment Print

During the personal e-hearing, IP submitted that the errors committed by him during CIRP were bonafide mistakes and not intentional. DC observes that IP displayed a negligent approach during the conduct of CIRP

Official Guideline for Phased Re-opening (Unlock 1)

May 30, 2020 1362 Views 0 comment Print

1. Phased re-opening of areas outside the Containment Zones- In areas outside Containment Zones, all activities will be permitted, except the following, which will be allowed, with the stipulation of following Standard Operating Procedures (SOPs) to be prescribed by the Ministry of Health and Family Welfare (MoHFW), in a phased manner:

IBBI imposes penalty of ₹ 34 Lakh on IP for non-Adherence to provisions of IBC code

May 30, 2020 1092 Views 0 comment Print

Adherence to provisions of the code is the first and foremost duty of an IP. It is incumbent upon IPs to build and safeguard the reputation of the profession which should enjoy the trust of the society and inspire confidence of all the stakeholders.

Relaxation provisions in National Savings Schemes

May 29, 2020 1005 Views 0 comment Print

Subcribers of RD Account who could not deposit the advance installments to get the benefit of rebate during the lock down period may deposit the same up to 30.06.2020. The rebate admissible as per the scheme provisions will be available at the time of deposit of advance installments.

Advisory on sanitization of hair‑cut saloons during COVID-19 for Punjab

May 22, 2020 1215 Views 0 comment Print

The owner of the Barber shop/ Hair-cut saloon will ensure that any staff member who has symptoms of COVID-19 (Fever, Dry Cough, breathing difficulty etc) shall stay at home seek medical advice. Similarly no client having such symptoms should be attended.

Domestic Travel Guideline for Passengers, Airline, Airport

May 21, 2020 3231 Views 0 comment Print

Air travel of passengers, both domestic and international, has been prohibited since 25th March 2020. Now it has been decided by Government that domestic air travel of passengers shall resume with effect from 25th May, 2020 (order of MHA dated 20th May, 2020).

N95 Mask Prices Capped By Government

May 21, 2020 4296 Views 0 comment Print

‘National Pharmaceuticals Pricing Authority of India (NPPA) intervenes to bring down N95 prices. After NPPA isued an advisory to N 95 Manufacturers on 21st May 2020, major Manufacturer Venus introduced a hospital pack of 5 N95 masks and 5 surgical masks at Rs 395 Plus taxes. More Manufacturer to follow the advisory. NPPA expect Price […]

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