IBBI clarifies NCLAT’s vested Powers of Review and Recall in line with Supreme Court Decisions
The Insolvency and Bankruptcy Board of India (IBBI) has released a note on the powers of review and recall vested with the National Company Law...
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...
Appointment of Process Advisor to Assist IP in performance of Function of Code not Amount to Outsourcing of Duty: IBBI
The Insolvency and Bankruptcy Board of India (IBBI) has held that appointment of a Process Advisor to assist Insolvency Professional (IP) in the performance of the function of code does not amount to...
