![IBC doesnt apply on Co-Operative Society as it is not a Corporate Person: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/08/NCLT-liquidation-process-CoC-NCLT-Taxscan.jpg "IBC doesnt apply on Co-Operative Society as it is not a Corporate Person: NCLT [Read Order]")
IBC doesn't apply on Co-Operative Society as it is not a 'Corporate Person': NCLT [Read Order]
The Mumbai Bench of National Company Law Tribunal (NCLT) held that the Insolvency and Bankruptcy Code does not apply to Co-Operative Society as it is...
![IBBI (Grievance and Complaint Handling Procedure) Regulations, 2017 to enable filing of Complaint against Service Providers under IBC, answers Lok Sabha [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/02/IBBI-IBBI-Regulations-complaint-service-providers-IBC-Lok-Sabha-Taxscan.jpeg "IBBI (Grievance and Complaint Handling Procedure) Regulations, 2017 to enable filing of Complaint against Service Providers under IBC, answers Lok Sabha [Read Order]")
![Kerala HC quashes NCLT Order accepting IBA Application for want of Jurisdiction post-amendment to Sec 4 [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2022/02/Kerala-High-Court-NCLT-Order-NCLT-IBA-Application-IBA-Jurisdiction-post-amendment-jurisdiction-Section-4-Taxscan.jpg "Kerala HC quashes NCLT Order accepting IBA Application for want of Jurisdiction post-amendment to Sec 4 [Read Judgment]")
![Imposition of Moratorium under IBC bars initiation of proceeding under Section 138/141 of Negotiable Instruments Act: Madras HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/01/Imposition-Of-Moratorium-IBC-bars-proceeding-Negotiable-Instruments-Act-Madras-High-Court-Taxscan.jpeg "Imposition of Moratorium under IBC bars initiation of proceeding under Section 138/141 of Negotiable Instruments Act: Madras HC [Read Order]")
![Income Tax Department can’t carry out any Assessment of Corporate Debtor for the Period Covered by the Resolution Plan: Telangana HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2022/01/Corporate-Debtor-Telangana-HC.jpg "Income Tax Department can’t carry out any Assessment of Corporate Debtor for the Period Covered by the Resolution Plan: Telangana HC [Read Judgment]")
MCA invites Public Comments on proposed changes to Corporate Insolvency Resolution and Liquidation Framework under IBC
The Ministry of Corporate Affairs has invited the Public Comments on proposed changes to Corporate Insolvency Resolution and Liquidation Framework under Insolvency and Bankruptcy Code. Based...
Jurisdiction of Authorities under PMLA ceases against Properties of Corporate Debtor once Liquidation is approved: Delhi High Court [Read Judgment]
The Delhi High Court held that the jurisdiction of Authorities under PMLA ceases against the properties of Corporate Debtor once liquidation is approved under Insolvency and Bankruptcy Code. The...
![Jurisdiction of Authorities under PMLA ceases against Properties of Corporate Debtor once Liquidation is approved: Delhi High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/12/Jurisdication-of-Authorities-PMLA-Ceases-Corporate-Debtor-Liquidation-Delhi-HC-Taxscan.jpg "Jurisdiction of Authorities under PMLA ceases against Properties of Corporate Debtor once Liquidation is approved: Delhi High Court [Read Judgment]")
Resolution Process has to be Completed Time Limit prescribed under IBC, any deviation would defeat object, purpose of providing Time Limit: SC [Read Judgment]
The Supreme Court held that the entire resolution process has to be completed within the period stipulated under Section 12 of the Insolvency and Bankruptcy Code and any deviation would defeat the...
![Resolution Process has to be Completed Time Limit prescribed under IBC, any deviation would defeat object, purpose of providing Time Limit: SC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/12/Resolution-Process-IBC-Supreme-Court-Taxscan.jpg "Resolution Process has to be Completed Time Limit prescribed under IBC, any deviation would defeat object, purpose of providing Time Limit: SC [Read Judgment]")
IBBI issues Clarification on requirement of seeking No Objection Certificate or No Dues Certificate from Income Tax Dept. during Voluntary Liquidation Process under IBC [Read Circular]
The Insolvency and Bankruptcy Board of India (IBBI) issued the clarification on the requirement of seeking a No Objection Certificate or No Dues Certificate from the Income Tax Department during the...
![IBBI issues Clarification on requirement of seeking No Objection Certificate or No Dues Certificate from Income Tax Dept. during Voluntary Liquidation Process under IBC [Read Circular]](https://www.taxscan.in/wp-content/uploads/2021/11/IBBI-No-Objection-Certificate-No-Dues-Certificate-Income-Tax-Dept.-Voluntary-Liquidation-Process-IBC-Taxscan.jpg "IBBI issues Clarification on requirement of seeking No Objection Certificate or No Dues Certificate from Income Tax Dept. during Voluntary Liquidation Process under IBC [Read Circular]")
Limitation Period For Appeal Under IBC begins from Date Of Pronouncement, delay in Uploading won't Exclude Limitation: Supreme Court [Read Judgment]
The Supreme Court held that the limitation period For Appeal Under Insolvency and Bankruptcy Code (IBC) begins from Date of Pronouncement, delay in Uploading would not exclude limitation. The...
![Limitation Period For Appeal Under IBC begins from Date Of Pronouncement, delay in Uploading wont Exclude Limitation: Supreme Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/10/Limitation-Period-Appeal-IBC-Date-Of-Pronouncement-Supreme-Court-Taxscan.jpg "Limitation Period For Appeal Under IBC begins from Date Of Pronouncement, delay in Uploading wont Exclude Limitation: Supreme Court [Read Judgment]")
Success Fees is more of Contingency and Speculative Nature, is not a part of Provisions of the IBC: NCLAT [Read Order]
The Delhi Bench of National Company Law Appellate Tribunal (NCLAT) held that success fees are more of contingency and speculative Nature, and are not a part of the provisions of the Insolvency and...
![Success Fees is more of Contingency and Speculative Nature, is not a part of Provisions of the IBC: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/09/IBC-NCLAT-Taxscan.jpg "Success Fees is more of Contingency and Speculative Nature, is not a part of Provisions of the IBC: NCLAT [Read Order]")
Moratorium Ordered under IBC not applicable on Proceedings on Directors or Management of Corporate Debtor: Supreme Court [Read Judgment]
The Supreme Court ruled that the moratorium ordered under the Insolvency and Bankruptcy Code (IBC) is not applicable on Proceedings in respect of Directors or Management Of Corporate Debtors. The...
![Moratorium Ordered under IBC not applicable on Proceedings on Directors or Management of Corporate Debtor: Supreme Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/09/Moratorium-IBC-Management-of-Corporate-Debtor-Supreme-Court-Taxscan.jpg "Moratorium Ordered under IBC not applicable on Proceedings on Directors or Management of Corporate Debtor: Supreme Court [Read Judgment]")