![NCLAT directs SBI to substitute IRP who was an Ex-employee of Bank [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/05/SBI-NCLAT-IRP-Taxscan.jpg "NCLAT directs SBI to substitute IRP who was an Ex-employee of Bank [Read Order]")
NCLAT directs SBI to substitute IRP who was an Ex-employee of Bank [Read Order]
The National Company Law Appellate Tribunal ( NCLAT ) has upheld the order directing State Bank of India ( SBI ) to the substitution of a financial...
![CBIC clarifies on issues under GST Law for Companies under IBC [Read Circular]](https://www.taxscan.in/wp-content/uploads/2020/03/GST-Law-IBC-Taxscan-1.jpg "CBIC clarifies on issues under GST Law for Companies under IBC [Read Circular]")
![CBIC notifies Special Procedure for Corporate Debtors under IBC [Read Notification]](https://www.taxscan.in/wp-content/uploads/2018/01/Insolvency-Code-Corporate-Debtors-Taxscan.jpg "CBIC notifies Special Procedure for Corporate Debtors under IBC [Read Notification]")
Limitation period will not be extended in SARFAESI & DRT Proceedings on part payment under IBC: NCLAT [Read Order]
The National Company Law Appellate Tribunal (NCLAT) affirmed that the limitation period will not be extended in The Securitisation and Reconstruction of Financial Assets and Enforcement of Securities...
![Limitation period will not be extended in SARFAESI & DRT Proceedings on part payment under IBC: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/12/NCLAT-Taxscan.jpg "Limitation period will not be extended in SARFAESI & DRT Proceedings on part payment under IBC: NCLAT [Read Order]")
MCA issues Clarification on Statutory Compliances of Corporate Insolvency Resolution under IBC, 2016 [Read Circular]
The Ministry of Corporate Affairs (MCA) issued a circular to clarify the statutory compliances of Corporate Insolvency Resolution (CIR) under Insolvency Bankruptcy Code, 2016 (IBC). The circular was...
![MCA issues Clarification on Statutory Compliances of Corporate Insolvency Resolution under IBC, 2016 [Read Circular]](https://www.taxscan.in/wp-content/uploads/2020/03/site-image3-7-2.jpg "MCA issues Clarification on Statutory Compliances of Corporate Insolvency Resolution under IBC, 2016 [Read Circular]")
![NCLAT releases Flipkart India from Corporate Insolvency Proceedings [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/02/Flipkart-India-Insolvency-Proceedings-NCLAT-Taxscan.jpg "NCLAT releases Flipkart India from Corporate Insolvency Proceedings [Read Order]")
![MCA mandates Filing of MCA-21 by Insolvency Professionals [Read Circular]](https://www.taxscan.in/wp-content/uploads/2019/03/e-filing-vault-Taxscan.jpg "MCA mandates Filing of MCA-21 by Insolvency Professionals [Read Circular]")
Insolvency and Bankruptcy Code Improves Resolution Process: Registering a 4-Fold Decline in Resolution Time
The Economic Survey 2019-20 highlights that The Insolvency and Bankruptcy Code (IBC) has improved the resolution process in India compared to the earlier measures. The IBC proceedings take 340 days on...
