IBBI Update - Filing Forms to monitor Voluntary liquidation processes under the Insolvency and Bankruptcy Code, 2016, and the regulations made thereunder
Please find the following update under IBBI Form No Period Covered and Scope Timeline VL 1 This includes details of the Corporate Debtor (CD) and the details of the Voluntary Liquidation Process On or before the 10t…
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IBBI Update - Deposit and withdrawal of unclaimed dividends and/or undistributed proceeds in accordance with regulation 46 of the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016 (Liquidation Regulations)
To facilitate the request received from a stakeholder, under sub-regulation (7) of regulation 46, who claims to be entitled to any amount deposited into the Corporate Liquidation Account for withdrawal before the dissolu…
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IBBI Update - Enhancing Transparency and Stakeholder Engagement in Liquidation Process
Circulation of progress reports to stakeholders is hereby directed that the liquidator shall also share the progress reports with the members of the Stakeholders’ Consultation Committee (SCC) after receiving a confidenti…
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Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Amendment) Regulations, 2024
Regulation Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016. Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) …
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IBBI Update - IBBI (Liquidation Process) (Amendment) Regulations, 2024
Regulation Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016. Insolvency and Bankruptcy Board of India (Liquidation Process) (Amendment) Regulations, 2024. Comments Reg 2B Compromise or arr…
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IBBI Update - Insolvency and Bankruptcy Board of India (Insolvency Professionals) (Amendment) Regulations, 2024.
These regulations may be called the Insolvency and Bankruptcy Board of India (Insolvency Professionals) (Amendment) Regulations, 2024. They shall come into force on the date of publication in the Official Gazette. …
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IBBI Update - Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) (Amendment) Regulations, 2024
To streamline the voluntary liquidation process and facilitate the distribution of unclaimed proceeds to the stakeholders before the dissolution of the corporate person, the amendments in the Voluntary Liquidation Regula…
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IBBI Update - Insolvency and Bankruptcy Board of India amends the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Personal Guarantors to Corporate Debtors) Regulations, 2019 and Insolvency and Bankruptcy Board of India (Bankruptcy Process for Personal Guarantors to Corporate Debtors) Regulations, 2019
The Insolvency and Bankruptcy Board of India (IBBI) notified the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Personal Guarantors to Corporate Debtors) (Amendment) Regulations, 2024 and Ins…
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IBBI Update - Measures for rationalisation of the regulatory framework of Insolvency Professional Entities
Clarification in relation to disciplinary proceedings in case of an IP which is an IPE Clarification: It is hereby clarified that in case the assignment is undertaken by the IP, which is an IPE, the show-cause notice und…
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IBBI Update - Measures for facilitating efficient conduct of the processes by the Insolvency Professionals
Clarification in relation to rendering professional service by an IP in implementation of the resolution plan approved by the Adjudicating Authority Clarification: In order to facilitate smooth implementation of the…
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