![IBBI Acknowledges One-Day Delay in RTI Response but Sees No Ground to Interfere with CPIO’s Reply [Read Order]](https://images.taxscan.in/h-upload/2025/08/11/500x300_2075470-ibbi-reply-delay-taxscan.webp "IBBI Acknowledges One-Day Delay in RTI Response but Sees No Ground to Interfere with CPIO’s Reply [Read Order]")
IBBI Acknowledges One-Day Delay in RTI Response but Sees No Ground to Interfere with CPIO’s Reply [Read Order]
The First Appellate Authority of the Insolvency and Bankruptcy Board of India (IBBI) acknowledged that there was a delay of one day in responding to...
![IBBI Penalises Insolvency Professional for Failing to Protect Corporate Debtor’s Assets During CIRP [Read Notification]](https://images.taxscan.in/h-upload/2025/08/04/250x150_2072869-ibbi-penalises-taxscan.webp "IBBI Penalises Insolvency Professional for Failing to Protect Corporate Debtor’s Assets During CIRP [Read Notification]")
![RTI Act Doesn’t Cover Opinions: IBBI Rejects RTI Appeals Seeking Legal Clarification on CIRP Provisions [Read Order]](https://images.taxscan.in/h-upload/2025/07/31/250x150_2071559-rti-act-cover-opinions-ibbi-rti-appeals-legal-clarification-cirp-provisions-taxscan.webp "RTI Act Doesn’t Cover Opinions: IBBI Rejects RTI Appeals Seeking Legal Clarification on CIRP Provisions [Read Order]")
![IBBI Rejects RTI Appeal on DHFL Insolvency Payments: Clarifies RTI Is Not a Grievance Redressal Mechanism [Read Notification]](https://images.taxscan.in/h-upload/2025/07/31/250x150_2071554-ibbi-rti-appeal-dhfl-insolvency-payments-clarifies-rti-grievance-redressal-mechanism-taxscan.webp "IBBI Rejects RTI Appeal on DHFL Insolvency Payments: Clarifies RTI Is Not a Grievance Redressal Mechanism [Read Notification]")
IBBI Suspends Insolvency Professional for Overlooking Conflict of Interest in Resolution Plan [Read Notification]
The Insolvency and Bankruptcy Board of India (IBBI) has ordered the suspension of a registered Insolvency Professional (IP) for a period of one year. The action stems from his conduct during...
![IBBI Suspends Insolvency Professional for Overlooking Conflict of Interest in Resolution Plan [Read Notification]](https://images.taxscan.in/h-upload/2025/07/31/500x300_2071466-ibbi-taxscan.webp "IBBI Suspends Insolvency Professional for Overlooking Conflict of Interest in Resolution Plan [Read Notification]")
Madras High Court Questions NCLT’s Discretion in IRP Appointment, Reaffirms Primacy of IBC Provisions [Read Order]
Тhe Mаdrаs High Сourt hаs rаised serious questiоns аbout thе Nаtiоnаl Cоmpаny Lаw Tribunаl (NСLT) Chеnnаi Bеnch's deviаtiоn frоm stаtutоry nоrms in аррointing аn Interim Resоlutiоn Prоfessiоnаl ...
![Madras High Court Questions NCLT’s Discretion in IRP Appointment, Reaffirms Primacy of IBC Provisions [Read Order]](https://images.taxscan.in/h-upload/2025/07/31/500x300_2071454-madras-high-court-questions-nclts-discretion-appointment-reaffirms-primacy-ibc-provisions-taxscan.webp "Madras High Court Questions NCLT’s Discretion in IRP Appointment, Reaffirms Primacy of IBC Provisions [Read Order]")
Madras HC Upholds Circular Allowing Creditor to Recommend Resolution Professional in Application u/s 95 of IBC [Read Order]
The Madras High Court stated that the circular issued by the Insolvency and Bankruptcy Board of India (IBBI) on December 21, 2023, under section 196 of the Insolvency and Bankruptcy Code, 2016...
![Madras HC Upholds Circular Allowing Creditor to Recommend Resolution Professional in Application u/s 95 of IBC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/resolution-Madras-HC-taxscan.jpg "Madras HC Upholds Circular Allowing Creditor to Recommend Resolution Professional in Application u/s 95 of IBC [Read Order]")
Outgoing Liquidator Entitled to Minimum Fee of Rs. 2 Lakh as Per IBBI Regulations: NCLT [Read Order]
The National Company Law Tribunal (NCLT), Kochi bench has held that if the liquidator is replaced, he is entitled to a minimum fee of Rs. 2 lakh as per Schedule II of the IBBI (Insolvency Resolution...
![Outgoing Liquidator Entitled to Minimum Fee of Rs. 2 Lakh as Per IBBI Regulations: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Liquidator-fee-NCLT-ruling-IBBI-regulations-taxscan.jpg "Outgoing Liquidator Entitled to Minimum Fee of Rs. 2 Lakh as Per IBBI Regulations: NCLT [Read Order]")
![NCLT Orders Liquidation of Go Airlines (India) Limited [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/NCLT-NCLT-Orders-Liquidation-Go-Airlines-Go-Airlines-India-National-Company-Law-Tribunal-NCLT-New-Delhi-Bench-Corporate-Corporate-Debtor-Taxscan.jpg "NCLT Orders Liquidation of Go Airlines (India) Limited [Read Order]")