Updates under IBC as on 24 January, 2019.
1. Will take action against firms such as Liberty House said the NCLAT The National Company Law Appellate Tribunal (NCLAT) on Tuesday came down hard on companies such as Liberty House Group, which successfully bid fo…
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Updates under IBC as on 19 January, 2019.
1. IBC Section 29A needs more clarity, says SBI’s Rajnish Kumar State Bank of India (SBI) chairman Rajnish Kumar said Section 29A of Insolvency and Bankruptcy Code (IBC) , which disallows defaulting promoters and relat…
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Updates under IBC as on 14th January, 2019.
1. IBC: NCLT To Announce Decision On Maintainability Of Essar Steel Asia’s Bid On Jan. 31 The Ahmedabad bench of the National Company Law Tribunal on Monday reserved its verdict on the maintainability of the b…
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Update under IBC as on January 4, 2019.
Two years of insolvency and Bankruptcy Code (IBC) Link: https://ibbi.gov.in/webadmin/pdf/whatsnew/2019/Jan/Two%20years%20of%20insolvency%20and%20Bankruptcy%20Code%20(IBC)%20_%20Facebook_2019-01-03%2015:32:48.pdf
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Under IBC as on December 7, 2018
1. Invitation of Expression of Interest from Prospective Eligible Institutions for Conducting Graduate Insolvency Programme Link : https://ibbi.gov.in/ webadmin/pdf/whatsnew/2018/ Dec/EOI%20for%20GIP_2018-12- 06%2018:2…
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Under IBC as on December 5, 2018
Consulate General of India New York Conference on Insolvency and Bankruptcy Code- A New Paradigm for Stressed Assets December 5, 2018 Link : https://ibbi.gov.in/ webadmin/pdf/whatsnew/2018/ Dec/Insolvency_Bankruptcy_…
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Updates under IBC as on Dec 3, 2018.
Insolvency Professionals to act as Interim Resolution Professionals and Liquidators (Recommendation) (Second) Guidelines, 2018 Link : https://ibbi.gov.in/ webadmin/pdf/legalframwork/ 2018/Nov/Guidelines-%20IPs% 20to%2…
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Updates under IBC as on 27 Nov, 2018
1. IBBI invites Suggestions and Comments on Draft Specimen: a. Information Memorandum b. Evaluation Matrix c. Request for Resolution Plans, and d. Resolution Plan. Link: https://ibbi.gov.in/webadmin/pdf/pre…
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Updates under IBC as on 17 Nov, 2018
1. Delays beyond 270 days at NCLT cost banks Rs 4,000 cr in Link : https://www.business- standard.com/article/pti- stories/delays-beyond-270- days-at-nclt-cost-banks-rs-4- 000-cr-in-118111201456_1.html 2. Duf…
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Updates under IBC as on Nov 16, 2018.
The Companies (Registered Valuers and Valuation) Fourth Amendment Rules, 2018. Link : https://ibbi.gov.in/ webadmin/pdf/legalframwork/ 2018/Nov/The%20Companies%20( Registered%20Valuers%20and% 20Valuation)%20Fourth% 20A…
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