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IP Submits Compliance Certificate Despite SRA being ‘related party’ and Ineligible under section 29A of IBC : IBBI Cancels Registration of IP
The Insolvency Bankruptcy Board of India's (IBBI) Disciplinary Committee (DC) revoked the registration of Mr. Ananda Rao Korada as an Insolvency...
![IBBI reprimands Plants and Machinery Valuer for Lack of Due Diligence in Valuation [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/IBBI-IBBI-reprimands-Plants-Plants-and-Machinery-Machinery-Diligence-in-Valuation-taxscan.jpg "IBBI reprimands Plants and Machinery Valuer for Lack of Due Diligence in Valuation [Read Order]")
Professional Misconduct: IBBI warns IP for alleged Bribe Demand and Non-Cooperation with Inspecting Authority
The Disciplinary Committee of the Insolvency and Bankruptcy Board of India (IBBI) has issued a warning to an Interim Professional for alleged bribery demands and non-cooperation with the inspecting...
Production of Truncated Documents against CD: NCLT Kochi dismisses CIRP Petition of Phoenix Arc Pvt Ltd [Read Order]
The National Company Law Tribunal Bench at Kochi has recently dismissed the Corporate Insolvency Resolution Process (CIRP) initiation petition by Phoenix Arc Private Limited, an asset reconstruction...
![Production of Truncated Documents against CD: NCLT Kochi dismisses CIRP Petition of Phoenix Arc Pvt Ltd [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Truncated-Documents-CD-NCLT-NCLT-Kochi-Kotak-mahindra-bank-CIRP-CIRP-Petition-Phoenix-Arc-Pvt-Ltd-Taxscan.jpg "Production of Truncated Documents against CD: NCLT Kochi dismisses CIRP Petition of Phoenix Arc Pvt Ltd [Read Order]")
Delay in Resolution of Corporate Debtor by Multiple Violations of Provisions of CIRP and Regulations: IBBI suspends Registration of IP for 2 Years
The Disciplinary Committee of Insolvency and Bankruptcy Board of India has recently suspended the registration of an Insolvency Professional for 2 years, owing to the alleged violations of CIRP...
