![IRP/RP Mandates to Operate Separate Bank Accounts for Real Estate Projects: IBBI notifies new Regulations [Read Notification]](https://www.taxscan.in/wp-content/uploads/2024/02/IBBI-Insolvency-and-Bankruptcy-Board-of-India-IBBI-New-Regulations-Real-Estate-IRP-RP-Bank-Account-Mandate-Taxscan.jpg "IRP/RP Mandates to Operate Separate Bank Accounts for Real Estate Projects: IBBI notifies new Regulations [Read Notification]")
IRP/RP Mandates to Operate Separate Bank Accounts for Real Estate Projects: IBBI notifies new Regulations [Read Notification]
The Insolvency and Bankruptcy Board of India ( IBBI ) has introduced amendments to the Insolvency and Bankruptcy Board of India ( Insolvency...
![IBBI Incorporates Fresh Provisions for Insolvency Professionals Assignment Resignation [Read Notification]](https://www.taxscan.in/wp-content/uploads/2024/02/IBBI-Insolvency-Professionals-Assignment-Resignation-IBBI-updates-IBBI-regulations-TAXSCAN.jpg "IBBI Incorporates Fresh Provisions for Insolvency Professionals Assignment Resignation [Read Notification]")
Approval of Resolution Plan below Liquidation Value is within Commercial Wisdom of CoC: NCLAT [Read Order]
The Chennai Bench of the National Company Law Appellate Tribunal ( NCLAT ) observed that the approval of the resolution plan below the liquidation value is within the commercial wisdom of the...
Incorrect Classification of Claim as Secured Debt by Insolvency Professional: IBBI Directs to Undergo Pre-Registration Educational Course
While deciding the case on the allegation of incorrect classification of claim as secured debt by an Insolvency Professional (IP), the Insolvency and Bankruptcy Board of India(IBBI) directed...
IBBI clarifies requirement of Declaration in Part IV of Form C by RP while filing Insolvency Application of Creditor [Read Order]
The Insolvency and Bankruptcy Board of India (IBBI) has issued a crucial clarification for all registered insolvency professionals regarding the submission of particulars and declarations in...
![IBBI clarifies requirement of Declaration in Part IV of Form C by RP while filing Insolvency Application of Creditor [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/IBBI-Insolvency-Application-Declaration-requirements-Registered-insolvency-professionals-Form-C-Declaration-Creditor-TAXSCAN.jpg "IBBI clarifies requirement of Declaration in Part IV of Form C by RP while filing Insolvency Application of Creditor [Read Order]")
No Appellate Role for Courts Over Govt-Appointed Experts in Board Decisions unless there is Gross Miscarriage of Justice: Delhi HC dismisses Writ Petition against IBBI [Read Order]
The writ petition filed against the Insolvency and Bankruptcy Board of India (IBBI) has been dismissed by a Single bench, Justice Subramonium Prasad of the Delhi High Court. The court's decision...
IBBI Calls for Suggestions to Simplify, Ease and Reduce Cost of Compliance of Regulations notified under IBC, 2016
In line with the Union Budget for the fiscal year 2023-24, wherein the Union Finance Minister outlined the imperative need to streamline, simplify, and reduce the cost of compliance, the Insolvency...
Registration Acquired through Suppressing Material Fact: IBBI upholds Cancellation of Registration of Registered Valuer
The Insolvency and Bankruptcy Board of India(IBBI) upheld the cancellation of the registration of the Registered Valuer as the registration was acquired through suppressing material fact. The...
IBBI suspends Insolvency Professionals for 2 years as on Failure to Discharge Duty under Insolvency Bankruptcy Code
The Insolvency and Bankruptcy Board of India(IBBI) suspended the Insolvency Professionals for 2 years due to Failure to Discharge Duty under the Insolvency and Bankruptcy Board of India ...
