Failure to Issue Fresh Form G for substantial assets or a new line of business Discovered: IBBI Suspends authorisation of RP
The Insolvency and Bankruptcy Board of India suspended the authorisation of Resolution Professional (RP) for three months on finding the failure to...
![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]](https://images.taxscan.in/h-upload/2025/07/31/250x150_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]](https://images.taxscan.in/h-upload/2025/07/31/250x150_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]")
IBBI allows time till 31 March 2025 for filing Forms to Monitor Liquidations process under IBC [Read Circular]
The Insolvency and Bankruptcy Board of India ( IBBI ) through circular No. IBBI/LIQ/80/2024 dated 9th January, 2025 extended the time for filing Forms to monitor liquidation and voluntary liquidation...
