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Updates From the Category: Insolvency & Bankruptcy

NCLT clarifies that just because a creditor enjoys security interest, it cannot be treated higher than other creditors who have financed the Corporate Debtor

Tribunal clarified that such creditors are treated differently, then all secured creditors would dissent in...
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BSE notifies Surveillance Measure for securities under IBC

Members are hereby requested to note that from 8th March, 2023 the specified securities as...
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Clarification regarding the new procedure for applying for initiating corporate insolvency resolution process online

A step-by-step guide for submission of the application is provided. On submission of the application...
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Second International Research Conference on Insolvency and Bankruptcy

This conference aims to act as a forum for academic researchers, professionals, financial creditors and...
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Panel of Insolvency Professionals for NCLT Delhi

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NSE issues Circular on Additional Surveillance Measure under IBC

The Circular states that from 14th February, 2023, the specified securities in Annexure I have...
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BSE urges every listed company to maintain public shareholding of at least 5% in implementation CIRP approved resolution plan

The Bombay Stock Exchange (BSE) has issued a circular emphasising that every listed company must...
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IBBI issues an Order in the matter of Association of Certified Valuators and Analysts

The Insolvency and Bankruptcy Board of India (IBBI) has issued an Order in the matter...
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MCA Invites public comments on changes being considered to the Insolvency and Bankruptcy Code, 2016

The Ministry of Corporate Affairs (MCA) has issued a public notice inviting comments on changes...
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IBBI notifies the appointment of a panel of Insolvency Professionals

The Insolvency and Bankruptcy Board of India (IBBI) has issued a public notice for the...
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Clarification regarding the treatment of GST dues for corporate debtors

As per Section 84 of the CGST Act, if the government dues against any person...
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IBBI issues Proforma for reporting liquidator’s decision(s) different from the advice of Stakeholders’ Consultation Committee (SCC)

Where the liquidator takes a decision different from the advice given by the consultation committee,...
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