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Updates From the Category: Insolvency & Bankruptcy

IBBI has specified the format of CIRP 8 under IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016.

The Resolution Professional is duty-bound to find out if a corporate debtor has been subject...
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Information Brochure for Pre-Packaged Insolvency Resolution Process

The PPIRP is required to be completed within a period of 120 days from its...
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BSE Guidance note for companies undergoing Corporate Insolvency Resolution Process

CIRP Resolution Professional shall inform through the Exchange platform any impact on the existing holders...
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Guidelines for Technical Standards for the Performance of Core Services and Other Services under the Insolvency and Bankruptcy Board of India (Information Utilities) Regulations, 2017

The Insolvency and Bankruptcy Board of India has issued Guidelines for Technical Standards for the...
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IBBI publishes provisional list of IPs

The Insolvency and Bankruptcy Board of India has issued the provisional list of IPs prepared...
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IBBI invites comments from the public on the regulations

IBBI has invited comments from the public, including the stakeholders on the regulations already notified...
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IBBI extends the last date for submission of expression of interest.

As per para 10, the Board shall invite expression of interest from IPs in Form...
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Insolvency Professionals to act as Interim Resolution Professionals, Liquidators, Resolution Professionals and Bankruptcy Trustees (Recommendation) Guidelines, 2021

The NCLT may pick up any name from the Panel for appointment of IRP, Liquidator,...
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Insolvency and Bankruptcy Code (Amendment) Ordinance introduces the pre-packaged insolvency resolution process

An application for initiating prepackaged insolvency resolution process may be made in respect of a...
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Insolvency and Bankruptcy Board of India (Insolvency Professionals) (Amendment) Regulations, 2021.

The insolvency professional shall pay to the Board, a fee calculated at the rate of...
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The Insolvency and Bankruptcy Board of India (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) (Second Amendment) Regulations, 2021.

The Amendment is brought under clause 12A which specifies the Authorisation for Assignment in which...
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IRDAI directs Hospitals to provide cashless treatment for COVID-19 Policy holders.

Hospitals who have signed Service Level Agreement (SLA) with general and health insurers have to...
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