Delhi High Court Emphasises Scrutiny of Past Actions in Appointing Insolvency Professional [Read Order]
In dismissing the writ petition, the Delhi High Court underscored the significance of scrutinising past actions when appointing an insolvency...
Failure to file Avoidance Application by duty delegated person: IBBI Warns Insolvency Professional for Irresponsible Act
The Insolvency and Bankruptcy Board of India (IBBI) instructed IP Monitoring Division to keep his name on a continuous watch list for irresponsible behaviour and to further investigate his case for a...
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...
IBBI clarifies Monetary Penalties to be imposed by Insolvency Professional Agency: Directs IPA to amend Bye-Laws [Read Circular]
Insolvency and Bankruptcy Board of India (IBBI) has issued a circular wherein it was clarified that the Disciplinary Committee of an Insolvency Professional Agency (IPA) may impose monetary penalty...
![IBBI clarifies Monetary Penalties to be imposed by Insolvency Professional Agency: Directs IPA to amend Bye-Laws [Read Circular]](https://www.taxscan.in/wp-content/uploads/2021/07/IBBI-Monetary-Penalties-Insolvency-Professional-Agency-IPA-to-amend-Bye-Laws-Taxscan.jpeg "IBBI clarifies Monetary Penalties to be imposed by Insolvency Professional Agency: Directs IPA to amend Bye-Laws [Read Circular]")
Insolvency Professional Agency can promptly realize Monetary Penalties imposed by Disciplinary Committee: Govt amends Rules [Read Notification]
The Central Government has notified a new amendment to the Insolvency and Bankruptcy Board of India (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) Regulations, 2016 wherein...
![Insolvency Professional Agency can promptly realize Monetary Penalties imposed by Disciplinary Committee: Govt amends Rules [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/07/Insolvency-Professional-Agency-Monetary-Penalties-Disciplinary-Committee-taxscan.jpg "Insolvency Professional Agency can promptly realize Monetary Penalties imposed by Disciplinary Committee: Govt amends Rules [Read Notification]")
![IBBI unveils rules for new pre-packaged Resolution Process [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/04/IBBI-new-pre-packaged-resolution-process-Taxscan.jpeg "IBBI unveils rules for new pre-packaged Resolution Process [Read Notification]")