IBBI Imposes Rs. 2 Lakh Penalty on IP for Compromising Independence of IRP [Read Order]
The Disciplinary Committee (DC) of the Insolvency and Bankruptcy Board of India (IBBI) imposed Rs. 2 lakh penalty on Insolvency Professionals (IP)...
![CBDT Notifies Income Tax Exemption to IBBI u/s 10(46) [Read Notification]](https://www.taxscan.in/wp-content/uploads/2023/03/CBDT-Income-Tax-Exemption-Income-Tax-IBBI-taxscan.jpg "CBDT Notifies Income Tax Exemption to IBBI u/s 10(46) [Read Notification]")
Failure to file Avoidance Application by duty delegated person: IBBI Warns Insolvency Professional for Irresponsible Act
The Insolvency and Bankruptcy Board of India (IBBI) instructed IP Monitoring Division to keep his name on a continuous watch list for irresponsible behaviour and to further investigate his case for a...
RBSA Valuation Advisors LLP violated rule 8(I) of the Valuation Rulein Videocon Bankruptcy: IBBI directs not to accept New Assignments for 6 months [Read Order]
The Insolvency and Bankruptcy Board of India (IBBI) directed RBSA valuation advisors LLP not to accept new assignments for 6 months since violated rule 8(I) of the Valuation Rule in arriving at...
Appointment of Process Advisor to Assist IP in performance of Function of Code not Amount to Outsourcing of Duty: IBBI
The Insolvency and Bankruptcy Board of India (IBBI) has held that appointment of a Process Advisor to assist Insolvency Professional (IP) in the performance of the function of code does not amount to...
