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...
![Resolution Professional Becomes Functus Officio After Approval of Plan under IBC: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/Resolution-Professional-Functus-Officio-IBC-NCLT-taxscan.jpg "Resolution Professional Becomes Functus Officio After Approval of Plan under IBC: NCLT [Read Order]")
Dissolution Of Corporate Debtor u/s 54 of IBC can be Sought after Complete Liquidation: NCLAT [Read Order]
In a significant case, the New Delhi bench of the National Company Law Appellate Tribunal ( NCLAT ) held that the scheme of the Insolvency Bankruptcy Code ( IBC ), 2016 clearly provides that...
RP cannot accept any claim after Lapse of Extended Period of 90 days of Insolvency Commencement Date: NCLAT [Read Order]
In a significant case, the Principal bench of National Company Law Appellate Tribunal ( NCLAT ), held that Resolution Professional ( RP ) cannot accept any claim after the lapse of extended period of...
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 Forms to monitor voluntary liquidation processes under...
IBBI dismisses RTI Appeal seeking SCN issued to Insolvency Professional citing Confidential Nature of Commercial Documents [Read Order]
The Executive Director and First Appellate Authority of Insolvency and Bankruptcy Board Of India ( IBBI ) recently dismissed a Right to Information ( RTI ) Application seeking a copy of Show-Cause...
IBBI denies Data of IBC Violation Cases in RTI, says cannot Disproportionately Divert Resources [Read Order]
The Executive Director and First Appellate Authority of the Insolvency and Bankruptcy Board Of India ( IBBI ) in a recent matter held that the resources of the IBBI cannot be disproportionately...
New IBBI Regulation: Information Utility to Verify Debtor’s Details Before Default Record Issuance [Read Notification]
The Insolvency and Bankruptcy Board of India ( IBBI ) has issued new amendments to the IBBI (Information Utilities) Regulations. It has inserted a new provision 21A mandating the verification of...
