Unresponsiveness in Corporate Insolvency Resolution Processes: IBBI cancels Registration of IP
The IBBI New Delhi Bench has cancelled the registration of IP. The Disciplinary Committee (DC) notes that IP did not respond to notices from...
Plea Challenging Constitutional Validity of Provisions on Resolution Professional: Bombay HC issues Notice to Attorney General of India [Read Order]
A Division Bench of the Bombay High Court issued notice to the Attorney General of India, R. Venkataramani, in a plea challenging the constitutional validity of provision on Resolution...
Insolvency and Bankruptcy Board of India notifies IBBI (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) (Amendment) Regulations, 2023 [Read Notification]
The Insolvency and Bankruptcy Board of India (IBBI) vide notification No. IBBI/2023-24/GN/REG105 issued on 19th September 2023 has notified the Insolvency and Bankruptcy Board of India (Model...
ICAI Finds CA not Guilty of Professional Misconduct on alleged Certification of Form INC-22A to Non-Existent Company
The Institute of Chartered Accountants (ICAI) has determined that the Chartered Accountant (CA) accused of providing Form INC-22A to a non-existent company is not guilty of professional misconduct. ...
Valuation Conducted Beyond Prescribed Timelines is violative of Insolvency Bankruptcy Code: IBBI suspends Registration of IP [Read Order]
The Insolvency and Bankruptcy Board of India (IBBI) has valuation conducted beyond prescribed timelines is violative of Insolvency Bankruptcy Code and suspended the registration of Insolvency...
