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IBC Updates

IBC Update
IBC 3 May 2022
IBBI Updates : Insolvency and Bankruptcy Board of India (Liquidation Process) (Amendment) Regulations, 2022

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

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IBC Update
IBC 14 April 2022
IBBI Updates: Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) (Amendment) Regulations, 2022.

Regulation No (Voluntary Liquidation Process) Regulations, 2017. (Voluntary Liquidation Process) Regulations, 2022. Comments In regulation 2, in sub-regulation (1), in clause (c) liquidation commencement date” means the …

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IBC Update
IBC 15 February 2022
IBBI Updates : Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Amendment) Regulations, 2022

Regulation No 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 25 November 2021
IBBI Updates : Filing of list of creditors under clause (ca) of sub-regulation (2) of regulation 13 of the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016.

Dear All Please find the following updates under IBBI as on 25th Nov 2021 The insolvency professional (IP) to file list of creditors on the electronic platform of the Board for dissemination on its website. In the said f…

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IBC Update
IBC 25 November 2021
IBBI Updates Filing of list of stakeholders under clause (d) of sub-regulation (5) of regulation 31 of the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016

Dear All, Please find the following updates under IBBI as on 25th Nov 2021. The liquidator files a list of stakeholders on the electronic platform of the Board for dissemination on its website. In the said format, the pa…

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IBC Update
IBC 16 November 2021
Clarification regarding requirement of seeking No Objection Certificate or No Dues Certificate from the Income Tax Department during Voluntary Liquidation Process under the Insolvency and Bankruptcy Code, 2016 (Code)

Dear All, Please find the following updates under IBBI The process of applying and obtaining of NOC/NDC from the Income Tax Department consumes substantial time and thus militates against the express provisions of the Co…

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IBC Update
IBC 13 February 2020
IBBI Updates Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Amendment) Regulations, 2020.

These regulations may be called the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Amendment) Regulations, 2020. They shall come into force on the date of their publi…

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IBC Update
IBC 6 March 2019
Updates under IBC as on 6th March, 2019.

IBBI (Salary, Allowances and other Terms and Conditions of Service of Chairperson and members) Second Amendment Rules, 2019 In exercise of the powers conferred by clause (zd) of sub-section (2) of section 239, read …

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IBC Update
IBC 5 March 2019
Updates under IBC as on 5th March, 2019.

In exercise of the powers conferred in Section 7(1) of the Insolvency and Bankruptcy Code, 2016 (31 of 2016), the Central Government hereby notifies following persons who may file an application for initiating corporate …

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IBC Update
IBC 29 January 2019
Updates under IBC as on 29 January, 2019

Under Section 239(2)(zd), read with section 189(5) of the Insolvency and Bankruptcy Code, 2016, the Insolvency and Bankruptcy Board of India (Salary, Allowances and other Terms and Conditions of Service of Chairperson an…

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