![Settlement in Section 7 or Dropping of Sec. 66 Proceedings does not Automatically End Proceedings under Section 43: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/NCLT-NCLT-Mumbai-National-Company-Law-Tribunal-Insolvency-and-Bankruptcy-Code-IBC-TAXSCAN.jpg "Settlement in Section 7 or Dropping of Sec. 66 Proceedings does not Automatically End Proceedings under Section 43: NCLT [Read Order]")
Settlement in Section 7 or Dropping of Sec. 66 Proceedings does not Automatically End Proceedings under Section 43: NCLT [Read Order]
The Mumbai bench of the National Company Law Tribunal ( NCLT ) has held that settlement in Section 7 or dropping of Sec. 66 of the Insolvency and...
![Date of Default of Corporate Guarantor is Independent of Principal Borrowers Date of Default: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/NCLT-NCLT-Mumbai-Corporate-Guarantor-Date-of-loan-agreements-Borrower-Principal-Borrower-TAXSCAN.jpg "Date of Default of Corporate Guarantor is Independent of Principal Borrowers Date of Default: NCLT [Read Order]")
![IBBI Clarifies Fee Application, Assignment Ceilings, and Disciplinary Processes for IPs which is IPEs [Read Circular]](https://www.taxscan.in/wp-content/uploads/2024/02/IBBI-The-Insolvency-and-Bankruptcy-Board-of-India-IBBI-updates-for-Insolvency-Professionals-IBBI-clarifications-for-IPEs-Taxscan.jpg "IBBI Clarifies Fee Application, Assignment Ceilings, and Disciplinary Processes for IPs which is IPEs [Read Circular]")
![IBBI Incorporates Fresh Provisions for Insolvency Professionals Assignment Resignation [Read Notification]](https://www.taxscan.in/wp-content/uploads/2024/02/IBBI-Insolvency-Professionals-Assignment-Resignation-IBBI-updates-IBBI-regulations-TAXSCAN.jpg "IBBI Incorporates Fresh Provisions for Insolvency Professionals Assignment Resignation [Read Notification]")
Company Secretaries expertise required for better Corporate Laws Formulation, says LS Speaker Om Birla
Addressing the Institute of Company Secretaries of India (ICSI) national awards for excellence in corporate governance in the national capital, Lok Sabha Speaker Om Birla emphasised the pivotal role...
Incorrect Classification of Claim as Secured Debt by Insolvency Professional: IBBI Directs to Undergo Pre-Registration Educational Course
While deciding the case on the allegation of incorrect classification of claim as secured debt by an Insolvency Professional (IP), the Insolvency and Bankruptcy Board of India(IBBI) directed...
RP Must give Declaration in Part IV of Form C to Creditor When Creditor Proposes Name of RP u/s 95 of IBC: IBBI Clarifies [Read Circular]
The Insolvency and Bankruptcy Board of India (“IBBI”) has issued a circular providing clarification regarding submission of particulars and declaration by the insolvency professionals in the...
![RP Must give Declaration in Part IV of Form C to Creditor When Creditor Proposes Name of RP u/s 95 of IBC: IBBI Clarifies [Read Circular]](https://www.taxscan.in/wp-content/uploads/2023/12/site-img-23.jpg "RP Must give Declaration in Part IV of Form C to Creditor When Creditor Proposes Name of RP u/s 95 of IBC: IBBI Clarifies [Read Circular]")
IBBI clarifies requirement of Declaration in Part IV of Form C by RP while filing Insolvency Application of Creditor [Read Order]
The Insolvency and Bankruptcy Board of India (IBBI) has issued a crucial clarification for all registered insolvency professionals regarding the submission of particulars and declarations in...
![IBBI clarifies requirement of Declaration in Part IV of Form C by RP while filing Insolvency Application of Creditor [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/IBBI-Insolvency-Application-Declaration-requirements-Registered-insolvency-professionals-Form-C-Declaration-Creditor-TAXSCAN.jpg "IBBI clarifies requirement of Declaration in Part IV of Form C by RP while filing Insolvency Application of Creditor [Read Order]")
MCA extends AGM and EGM Timelines via VC or OAVM till September 30, 2024, directs adherence to Statutory Timelines [Read Circular]
The Ministry of Corporate Affairs (MCA) has allowed companies whose Annual General Meetings (AGMs) are Extraordinary General Meetings (EGMs) are due in the Year 2023 or 2024, to conduct their AGMs...
![MCA extends AGM and EGM Timelines via VC or OAVM till September 30, 2024, directs adherence to Statutory Timelines [Read Circular]](https://www.taxscan.in/wp-content/uploads/2023/09/MCA-AGM-and-EGM-Timelines-VC-OAVM-Statutory-Timelines-MCA-extends-AGM-and-EGM-Timelines-taxscan.jpg "MCA extends AGM and EGM Timelines via VC or OAVM till September 30, 2024, directs adherence to Statutory Timelines [Read Circular]")
![LLP Amnesty Scheme: MCA issues Circular Condoning Delay in Filing Form 3, 4 and 11 [Read Circular]](https://www.taxscan.in/wp-content/uploads/2023/08/LLP-Amnesty-Scheme-MCA-issues-Circular-Condoning-Delay-in-Filing-Form-3-Form-4-Form-11-Condoning-Delay-taxscan.jpg "LLP Amnesty Scheme: MCA issues Circular Condoning Delay in Filing Form 3, 4 and 11 [Read Circular]")
Proof beyond doubt that disobedience or breach was wilful necessary to constitute contempt of Tribunal's Orders: NCLAT
The New Delhi bench of the National Company Law Appellate Tribunal( NCLAT ) held that Resolution Professional(RP) proof beyond doubt that disobedience or breach was wilful necessary to...
