IBBI Reprimands IP for Non-Verification and checking of Appointment Communication Mail by AA
The disciplinary committee of insolvency and bankruptcy board of India (IBBI) has reprimanded insolvency professional (IP) for non-verification and...
Bombay HC Stays IBBI Order Disqualifying RV during Prosecution in relation to PMC Bank Fraud [Read Order]
In a significant ruling, a division bench of the Bombay High Court has stayed the action of the IBBI disqualifying a Registered Valuer on account of the scam relating to PMC Bank. The Petitioner,...
![Bombay HC Stays IBBI Order Disqualifying RV during Prosecution in relation to PMC Bank Fraud [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Bombay-High-Court-IBBI-IBBI-Order-Disqualifying-RV-Prosecution-PMC-Bank-Fraud-PMC-Bank-Bank-Fraud-taxscan.jpg "Bombay HC Stays IBBI Order Disqualifying RV during Prosecution in relation to PMC Bank Fraud [Read Order]")
IBBI issues Proforma for Reporting Liquidator’s Decision Different from Advice of Stakeholders’ Consultation Committee
Insolvency and Bankruptcy Board of India ( IBBI ) issued Proforma for reporting liquidator’s decision(s) different from the advice of Stakeholders’ Consultation Committee (SCC) under proviso to...
‘Operational Creditors’ can claim only Money that is payable as per Section 53 of IBC: NCLT [Read Order]
The Delhi Bench of the National Company Law Tribunal (NCLT) while considering a bunch of appeals has held that ‘Operational Creditors’ can claim only the money that is payable as per Section 53 of...
![‘Operational Creditors’ can claim only Money that is payable as per Section 53 of IBC: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Operational-Creditors-can-claim-only-Money-that-is-payable-IBC-NCLT-TAXSCAN.jpg "‘Operational Creditors’ can claim only Money that is payable as per Section 53 of IBC: NCLT [Read Order]")
No Negligence prima facie: Gujarat HC issues Notice to IBBI in appeal of IRP Sunil Kumar Agarwal against Disciplinary Proceedings [Read Order]
The Gujarat High Court has recently taken up the matter of disciplinary proceedings against Chartered Accountant Sunil Kumar Agarwal (Read Story) and issued notice to the Insolvency and Bankruptcy...
![No Negligence prima facie: Gujarat HC issues Notice to IBBI in appeal of IRP Sunil Kumar Agarwal against Disciplinary Proceedings [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Gujarat-High-Court-Notice-IBBI-appeal-IRP-Disciplinary-Proceedings-taxscan.jpg "No Negligence prima facie: Gujarat HC issues Notice to IBBI in appeal of IRP Sunil Kumar Agarwal against Disciplinary Proceedings [Read Order]")
Misconduct: IBBI imposes Penalty of Rs. 2 Lakhs on CS/IP for non-cooperation with IA and Delay in filing Form CIRP 7 [Read Order]
The Disciplinary Committee of the Insolvency and Bankruptcy Board of India (IBBI) comprising Whole Time Member Jayanti Prasad has imposed a fine of Rupees Two Lakhs on the Company Secretary Anuj...
![Misconduct: IBBI imposes Penalty of Rs. 2 Lakhs on CS/IP for non-cooperation with IA and Delay in filing Form CIRP 7 [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Misconduct-IBBI-IBBI-Imposes-Penalty-Penalty-CS-IP-IA-Delay-in-filing-Form-CIRP-7-Form-CIRP-7-taxscan.jpg "Misconduct: IBBI imposes Penalty of Rs. 2 Lakhs on CS/IP for non-cooperation with IA and Delay in filing Form CIRP 7 [Read Order]")
![IBBI Issues Circular regarding Payment of Credit fees to Board by IPs and IPEs [Read Circular]](https://www.taxscan.in/wp-content/uploads/2022/11/IBBI-Circular-Payment-of-Credit-Credit-fees-Insolvency-professionals-Insolvency-Professional-Entities-taxscan.jpg "IBBI Issues Circular regarding Payment of Credit fees to Board by IPs and IPEs [Read Circular]")