Extension application after 5 months of Expiry of Liquidation Period without Condoning Delay is Gross Negligence: IBBI suspends IP for 1 year
The Insolvency and Bankruptcy Board of India (IBBI) has suspended the Insolvency Professional (IP) for 1 year for filing the application for...
Professional Misconduct: DC directs IBBI to Conduct Inspection and Submit Report wrt Excess Fee Charged by ICAI Liquidator [Read Order]
The Disciplinary Committee of the Insolvency and Bankruptcy Board of India (IBBI) has recently directed the Board to conduct inspection and submit a report with respect to the allegation of excess...
IP suppressed Fact, Already Entered in MoU with the CoC: IBBI Suspends Registration of IP for 6 Months [Read Order]
The Disciplinary Committee (DC) of the Insolvency and Bankruptcy Board of India (IBBI) suspended the registration of the Insolvency Professionals (IP) for Six Months as he suppressed the fact already...
IBBI reprimands RV for Illogical Assumptions w.r.t. Discounting Factors in Valuation Report [Read Order]
The Disciplinary Committee of the Insolvency and Bankruptcy Board of India (IBBI) has recently reprimanded a Registered Valuer (RV) for the illogical assumptions drawn with regard to discounting...
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...
