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IBC Updates

IBC Update
IBC 16 September 2022
IBBI Update: Details of matters pending with Supreme Court of India and various High Courts

It has been observed that in a few matters Hon’ble Supreme Court and several High Courts have considered and delivered judgements wherein stand of Union of India (MCA) or IBBI remained unrepresented since both these inst…

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IBC Update
IBC 6 July 2022
Insolvency and Bankruptcy Board of India (Insolvency Professionals) (Amendment) Regulations, 2022.

Disciplinary Proceedings. Regulation 11. The disciplinary proceedings shall be conducted in accordance with the provisions of Insolvency and Bankruptcy Board of India (Inspection and Investigation) Regulations, 2017…

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IBC Update
IBC 6 July 2022
IBBI Update: Insolvency and Bankruptcy Board of India (Insolvency Professional Agencies) (Amendment) Regulations, 2022

These Regulations may be called the Insolvency and Bankruptcy Board of India (Insolvency Professional Agencies) (Amendment) Regulations, 2022. They shall come into force on the date of their publication in the Official G…

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IBC Update
IBC 17 June 2022
IBBI Update: Application under Rule 4, 6 or 7 of Insolvency and Bankruptcy (Application to Adjudication Authority) Rules, 2016

The Board will forward the application for initiating insolvency received by it in terms of rule 4, 6 or 7 of the Insolvency and Bankruptcy (Application to Adjudication Authority) Rules, 2016, to the Information Utility …

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IBC Update
IBC 16 June 2022
IBBI Update : Insolvency and Bankruptcy Board of India (Inspection and Investigation) (Amendment) Regulations, 2022.

Insolvency and Bankruptcy Board of India (Inspection and Investigation) (Amendment) Regulations, 2022 The show cause notice shall provide fifteen (15) days to the notice to make their written submissions. A show-cau…

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IBC Update
IBC 16 June 2022
IBBI Update : Insolvency and Bankruptcy Board of India (Grievance and Complaint Handling Procedure) (Amendment) Regulations, 2022

Regulation Insolvency and Bankruptcy Board of India (Grievance and Complaint Handling Procedure) Regulations, 2017. Insolvency and Bankruptcy Board of India (Grievance and Complaint Handling Procedure) (Amendment) Regula…

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IBC Update
IBC 16 June 2022
IBBI Update: Insolvency and Bankruptcy Board of India (Information Utilities) (Amendment) Regulations, 2022.

Regulation Insolvency and Bankruptcy Board of India (Information Utilities) Regulations, 2017. Insolvency and Bankruptcy Board of India (Information Utilities) (Amendment) Regulations, 2022. Comments Regulation 2 Definit…

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IBC Update
IBC 16 June 2022
IBBI Update : Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Second Amendment) Regulations, 2022.

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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IBC Update
IBC 26 May 2022
IBBI Updates: Review of circulars

The Board issues Regulations in line with the Insolvency and Bankruptcy Board of India (Mechanism for Issuing Regulations) Regulations, 2018. The Board also issues Circulars in exercise of powers under section 196 of the…

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IBC Update
IBC 8 May 2022
IBBI Updates : Withdrawal of Circular dated 26th August, 2019 regarding applicability of the Insolvency and Bankruptcy Board of India (Liquidation Process) (Amendment) Regulations, 2019 notified on 25th July, 2019.

To bring more clarity, the Board has notified the Insolvency and Bankruptcy Board of India (Liquidation Process) (Amendment) Regulations, 2022 to clarify that provisions of regulations 2A, 21A, 31A and 44 as amended / in…

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