![Failure to Provide Assistance in Liquidation Process by Insolvency Professional: IBBI suspends Registration for 2 Years [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/Failure-Liquidation-Process-Failure-to-Provide-Assistance-in-Liquidation-Process-by-Insolvency-Professional-taxscan.jpg "Failure to Provide Assistance in Liquidation Process by Insolvency Professional: IBBI suspends Registration for 2 Years [Read Order]")
Failure to Provide Assistance in Liquidation Process by Insolvency Professional: IBBI suspends Registration for 2 Years [Read Order]
The Insolvency And Bankruptcy Board of India(IBBI) found that the Insolvency Professional(IP) failed to assist in the liquidation process and...
![IBBI issues Circular on withdrawal of unclaimed/undistributed amounts from Corporate Liquidation Account [Read Circular]](https://www.taxscan.in/wp-content/uploads/2024/03/IBBI-Circular-withdrawal-unclaimed-undistributed-amounts-Corporate-Liquidation-Account-taxscan.jpg "IBBI issues Circular on withdrawal of unclaimed/undistributed amounts from Corporate Liquidation Account [Read Circular]")
![Deletion of Amount added u/s 68 of Income Tax Act in Consonance with NCLT order: Delhi HC sets aside Demand of Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Income-Tax-Act-Consonance-NCLT-Delhi-HC-Demand-of-Penalty-TAXSCAN.jpg "Deletion of Amount added u/s 68 of Income Tax Act in Consonance with NCLT order: Delhi HC sets aside Demand of Penalty [Read Order]")
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...
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 ...
Plea Challenging Constitutional Validity of Provisions on Resolution Professional: Bombay HC issues Notice to Attorney General of India [Read Order]
A Division Bench of the Bombay High Court issued notice to the Attorney General of India, R. Venkataramani, in a plea challenging the constitutional validity of provision on Resolution...
Insolvency and Bankruptcy Board of India notifies IBBI (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) (Amendment) Regulations, 2023 [Read Notification]
The Insolvency and Bankruptcy Board of India (IBBI) vide notification No. IBBI/2023-24/GN/REG105 issued on 19th September 2023 has notified the Insolvency and Bankruptcy Board of India (Model...
IBBI Replaces Form G: Notifies IBBI (Insolvency Resolution Process for Corporate Persons) (Second Amendment) Regulations, 2023 [Read Notification]
The Insolvency and Bankruptcy Board of India (IBBI) vide notification No. IBBI/2023-24/GN/REG106 has notified Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate...
IBBI amends Qualification to Register as Insolvency Professional: Mandates Post Graduate Insolvency Programme [Read Notification]
The Insolvency Bankruptcy Board of India (IBBI) vide notification no. IBBI/2023-24/GN/REG103 on 20th July notified the amendment of the qualification to register as an Insolvency Professional (IP)....
