Category - Business Law

IBBI issues discussion paper on governance of Insolvency Professional Agencies and Information Utilities

Insolvency and Bankruptcy Board of India 14 th August, 2018 Discussion Paper Subject: Governance of Insolvency Professional Agencies and Information Utilities The institutional infrastructure under the Insolvency and Bankruptcy Code, 2016 (Code) envisages four key pillars, namely, the Adjudicating Authority (National Company Law Tribunal and Debt Recovery Tribunal), the Insolvency and Bankruptcy Board of India… Read More

Can Robots Manage Your Compliances?

Artificial Intelligence (AI) has been a fascinating concept of science fiction for decades, but now we are finally getting to see AI as a reality. Artificial Intelligence, also called machine learning, is the ability of computer systems to perform tasks normally requiring human intelligence and where computers automatically learn from past data and keep becoming… Read More

Tags: ComplianceCompliance FrameworkCompliance Managementcompliance software

Specific Relief (Amendment) Act, 2018 notified

THE SPECIFIC RELIEF (AMENDMENT) ACT, 2018 NO. 18 OF 2018 An Act further to amend the Specific Relief Act, 1963. BE it enacted by Parliament in the Sixty-ninth Year of the Republic of India as follows:— 1. (1) This Act may be called the Specific Relief (Amendment) Act, 2018. (2) It shall come into force… Read More

Govt.notifies the Negotiable Instruments (Amendment) Act, 2018

THE NEGOTIABLE INSTRUMENTS (AMENDMENT) ACT, 2018 NO. 20 OF 2018 [2nd August, 2018.] An Act further to amend the Negotiable Instruments Act, 1881. BE it enacted by Parliament in the Sixty-ninth Year of the Republic of India as follows:— 1. (1) This Act may be called the Negotiable Instruments (Amendment) Act, 2018. (2) It shall… Read More

Govt. notifies Securities Contracts (Regulation) (Amendment) Rules, 2018

MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 24th July, 2018 G.S.R. 675(E).—In exercise of the powers conferred by section 30 of the Securities Contracts (Regulation) Act, 1956 (42 of 1956), the Central Government hereby makes the following rules further to amend the Securities Contracts (Regulation) Rules, 1957, namely:— 1. Short title… Read More

IBBI appoints Insolvency Professionals as authorised representatives for class of creditiors

Insolvency and Bankruptcy Board of India 7th Floor, Mayur Bhawan, Connaught Place, New Delhi-110001 CIRCULAR  No. IBBI/CIRP/015/2018 13th July, 2018 To All Registered Insolvency Professionals All Recognised Insolvency Professional Entities All Registered Insolvency Professional Agencies (By mail to registered email addresses and on website of the IBBI) Dear Madam / Sir, Sub: Appointment of Authorised… Read More

IBBI (Insolvency Resolution Process for Corporate Persons) (Third Amendment) Regulations, 2018

GAZETTE OF INDIA EXTRAORDINARY PART III, SECTION 4 PUBLISHED BY AUTHORITY INSOLVENCY AND BANKRUPTCY BOARD OF INDIA NOTIFICATION New Delhi, the 3rd July, 2018 THE INSOLVENCY AND BANKRUPTCY BOARD OF INDIA (INSOLVENCY RESOLUTION PROCESS FOR CORPORATE PERSONS) (THIRD AMENDMENT) REGULATIONS, 2018 No. IBBI/2018-19/GN/REG031. -In exercise of the powers conferred by clause (t) of sub-section (1)… Read More

IBBI releases model timelines of corporate Insolvency resolution process

Insolvency and Bankruptcy Board of India PRESS RELEASE 4 th July, 2018 IBBI amends the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 The Insolvency and Bankruptcy Board of India (IBBI) has notified the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Third Amendment) Regulations,… Read More

IBBI issues circular on fees and expenses incurred for Insolvency Resolution Process

Insolvency and Bankruptcy Board of India 7th Floor, Mayur Bhawan, Connaught Place, New Delhi-110001 CIRCULAR No. IBBI/IP/013/2018 12th June, 2018 To All Registered Insolvency Professionals All Recognised Insolvency Professional Entities All Registered Insolvency Professional Agencies (By mail to registered email addresses and on website of the IBBI) Dear Madam / Sir, Sub: Fee and other… Read More

Insolvency and Bankruptcy Code (Amendment) Ordinance, 2018

President approves Insolvency & Bankruptcy Code (Amendment) Ordinance, 2018  Dear Professional Colleague: The President gave assent to promulgate the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2018 on 6th June,2018. The complete ordinance can be accessed at the link below: IBC Ordinance - June 6, 2018 The Key highlights of the Ordinance are as follows: 1.… Read More

Tags: IBCInsolvency and Bankruptcy Code

President Approves Promulgation of the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2018

The President gave assent to promulgate the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2018 on 6th June,2018. The Ordinance provides significant relief to home buyers by recognizing their status as financial creditors.  This would give them due representation in the Committee of Creditors and make them an integral part of the decision making process.  It will also… Read More

Tags: IBCInsolvency and Bankruptcy Code

Cabinet approves proposal for Amendment to the MSME Development Act, 2006

Cabinet approves proposal for Amendment to the Micro, Small and  Medium Enterprises Development Act, 2006 to change the criteria of classification and to withdraw the MSMED (Amendment) Bill, 2015 – pending in Lok Sabha  The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved change in the basis of classifying Micro, Small… Read More

Cabinet Approves IBC (Amendment) Bill, 2017 to replace IBC (Amendment) Ordinance, 2017

Cabinet approves Insolvency and Bankruptcy Code (Amendment) Bill, 2017 to replace the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2017 The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given Ex-post facto approval to the modifications carried out in the replacement Bill, which replaced the Insolvency and Bankruptcy Code (Amendment) Bill 2017, and… Read More

Page 1 of 2012...10...Last »

Corporate Law Referencer

Recent Articles

Recent Legal updates

Recent Gst Updates