Category - Business Law

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

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

INSOLVENCY AND BANKRUPTCY BOARD OF INDIA NOTIFICATION New Delhi, the 6th February, 2018 Insolvency And Bankruptcy Board Of India (Insolvency Resolution Process For Corporate Persons) (Amendment) Regulations, 2018 No. IBBI/2017-18/GN/REG024.— In exercise of the powers conferred by clause (t) of sub-section (1) of section 196 read with section 240 of the Insolvency and Bankruptcy Code,… Read More

MCA designates Special Courts in Kerala, Orissa and Guwahati for speedy Trial of offences

MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 5th February, 2018 S.O. 528(E).—In exercise of the powers conferred by sub-section (1) of Section 435 of the Companies Act, 2013 (18 of 2013), the Central Government, with the concurrence of the Chief Justices of the High Courts of Kerala, Orissa and Gauhati, hereby designates the following… Read More

Govt. notifies Insolvency and Bankruptcy Code (Amendment) Act, 2018

MINISTRY OF LAW AND JUSTICE (Legislative Department) New Delhi, the 19th January, 2018/Pausha 29, 1939 (Saka) The following Act of Parliament received the assent of the President on the 18th January, 2018, and is hereby published for general information:— THE INSOLVENCY AND BANKRUPTCY CODE (AMENDMENT) ACT, 2017 NO. 8 OF 2018 [18th January, 2018.] An… Read More

Fees payable to an insolvency professional and to other professionals appointed by an insolvency professional:IBBI

Insolvency and Bankruptcy Board of India 7 th Floor, Mayur Bhawan, Connaught Place, New Delhi-110001 CIRCULAR No. IP/004/2018                                                                           … Read More

Disclosures by Insolvency Professionals and other Professionals appointed by Insolvency Professionals conducting Resolution Processes:IBBI

Insolvency and Bankruptcy Board of India 7 th Floor, Mayur Bhawan, Connaught Place, New Delhi-110001                                                                                … Read More

The Economic Times presents FEMA & Investment Regulation Masterclass- Mumbai, Jan 19 I Special offer for CLR members

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The Economic Times presents FEMA & Investment Regulation Masterclass- Mumbai, Jan 19 I Special offer for CLR members

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IBBI (Fast Track Insolvency Resolution Process for Corporate Persons) (Fourth Amendment) Regulations, 2017 notified

INSOLVENCY AND BANKRUPTCY BOARD OF INDIA NOTIFICATION New Delhi, the 31st December, 2017 INSOLVENCY AND BANKRUPTCY BOARD OF INDIA (FAST TRACK INSOLVENCY RESOLUTION PROCESS FOR CORPORATE PERSONS) (FOURTH AMENDMENT) REGULATIONS, 2017 No. IBBI/2017-18/GN/REG23.—In exercise of the powers conferred by clause (t) of sub-section (1) of section 196 read with section 240 of the Insolvency and… Read More

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