IBBI Notifies Extension of Time for Filing Forms to Monitor Voluntary Liquidation Processes under IBCÂ [Read Circular]
The Insolvency and Bankruptcy Board of India ( IBBI ) notified Vide Circular No. IBBI/LIQ/74/2024 dated 28.06.2024Â extended the time for filing...
IBBI extends SCN Disposal from 35 days to 60 days, amends Inspection and Investigation Regulations [Read Notification]
The Insolvency and Bankruptcy Board of India ( IBBI ) has extended the SCN ( Show Cause Notice ) disposal from 35 days to 60 days issued under IBBI (Inspection and Investigation) Regulations. For...
Insolvency Professional Entities are qualified to Appoint as Resolution Professionals: NCLT Holds in Favour of Piramal Capital [Read Order]
The National Company Law Tribunal( NCLT ) held that Insolvency Professional Entities ( IPEs ) are qualified to be appointed as Resolution Professionals ( RPs ) under the Insolvency and Bankruptcy...
Adjudicating Authority cannot consider Settlement Proposal with Higher Value after Approval of Resolution Plan By CoC:Â NCLT [Read Order]
The Delhi bench of the National Company Law Tribunal ( NCLT ) held that the Adjudicating Authority cannot consider a Settlement Proposal, even of a higher value than the Resolution Plan, after the...
![Adjudicating Authority cannot consider Settlement Proposal with Higher Value after Approval of Resolution Plan By CoC:Â NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/07/NCLT-National-Company-Law-Tribunal-CoC-Committee-of-Creditors-Adjudicating-Authority-Taxscan.jpg "Adjudicating Authority cannot consider Settlement Proposal with Higher Value after Approval of Resolution Plan By CoC:Â NCLT [Read Order]")
CoC under IBC can Liquidate Corporate Debtor any Time after its Constitution or Before Resolution Plan is Confirmed: NCLT [Read Order]
The Delhi bench of the National Company Law Tribunal has held that the Committee of Creditors ( CoC ) under the Insolvency and Bankruptcy Code, 2016 ( IBC ) can decide to liquidate the Corporate...
![IBBI to Simplify CIRP Forms by Insolvency Professionals, releases Discussion Paper [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/IBBI-Insolvency-bankruptcy-CIRP-IPs-Insolvency-professionals-corporate-news-TAXSCAN-2.jpg "IBBI to Simplify CIRP Forms by Insolvency Professionals, releases Discussion Paper [Read Order]")
