![Ex-Director Ineligible to Submit Resolution Plan for MSME when CD is Wilful Defaulter: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Ex-Director-Ineligible-to-Submit-Resolution-Plan-MSME-Wilful-Defaulter-NCLAT-TAXSCAN.jpg "Ex-Director Ineligible to Submit Resolution Plan for MSME when CD is Wilful Defaulter: NCLAT [Read Order]")
Ex-Director Ineligible to Submit Resolution Plan for MSME when CD is Wilful Defaulter: NCLAT [Read Order]
The New Delhi Bench of the National Company Law Appellate Tribunal (NCLAT) held that the ex-director is ineligible to submit resolution plan for...
![[BREAKING] Delhi HC refuses to grant Interim Relief against NFRA Penalties in Reliance Capital Audit Lapses to CAs and CA Firm [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Delhi-HC-Interim-Relief-NFRA-Penalties-in-Reliance-Capital-Audit-Lapses-to-CAs-and-CA-Firm-TAXSCAN.jpg "[BREAKING] Delhi HC refuses to grant Interim Relief against NFRA Penalties in Reliance Capital Audit Lapses to CAs and CA Firm [Read Order]")
![Fees Paid to Liquidator to be Paid under Regulation 4(2)(b) of Liquidation Process Regulations on Realization and Distribution of Proceeds from Auction of Assets: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/NCLAT-Liquidation-Process-Liquidator-fees-Auction-of-Assets-TAXSCAN.jpg "Fees Paid to Liquidator to be Paid under Regulation 4(2)(b) of Liquidation Process Regulations on Realization and Distribution of Proceeds from Auction of Assets: NCLAT [Read Order]")
Failure to Provide Assistance in Liquidation Process by Insolvency Professional: IBBI suspends Registration for 2 Years [Read Order]
The Insolvency And Bankruptcy Board of India(IBBI) found that the Insolvency Professional(IP) failed to assist in the liquidation process and suspended the registration for 2 Years. Show Cause...
![Failure to Provide Assistance in Liquidation Process by Insolvency Professional: IBBI suspends Registration for 2 Years [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/Failure-Liquidation-Process-Failure-to-Provide-Assistance-in-Liquidation-Process-by-Insolvency-Professional-taxscan.jpg "Failure to Provide Assistance in Liquidation Process by Insolvency Professional: IBBI suspends Registration for 2 Years [Read Order]")
IBBI issues Circular on withdrawal of unclaimed/undistributed amounts from Corporate Liquidation Account [Read Circular]
The Insolvency and Bankruptcy Board of India ( IBBI ) issued a circular on withdrawal of unclaimed or undistributed amounts from Corporate Liquidation Account. Regulation 46 of the Insolvency and...
![IBBI issues Circular on withdrawal of unclaimed/undistributed amounts from Corporate Liquidation Account [Read Circular]](https://www.taxscan.in/wp-content/uploads/2024/03/IBBI-Circular-withdrawal-unclaimed-undistributed-amounts-Corporate-Liquidation-Account-taxscan.jpg "IBBI issues Circular on withdrawal of unclaimed/undistributed amounts from Corporate Liquidation Account [Read Circular]")
IBBI directs Liquidators to Make Certain Declaration when Financial Service Provider undergoes Voluntary Liquidation
The Insolvency and Bankruptcy Board of India ( IBBI ) directed the liquidators to make certain declaration when financial service provider undergoes voluntary liquidation. The IBC provides for the...
![IBBI Introduces Key Amendments to Liquidation Process Regulations [Read Circular]](https://www.taxscan.in/wp-content/uploads/2024/03/IBBI-IBBI-new-amendments-Liquidation-Process-Regulations-Liquidation-process-TAXSCAN.jpg "IBBI Introduces Key Amendments to Liquidation Process Regulations [Read Circular]")