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IBBI PANEL
IBBI issues new guidelines to speed up appointment of insolvency professionalsThe Insolvency and Bankruptcy Board of India has released new rules for insolvency professionals. These guidelines aim to speed up appointm...- IBBI panel suggests project-wise insolvency resolution for real estate sectorA panel suggested restricting real estate insolvency proceedings to stressed projects, not entire companies, to protect homebuyers in solve...
- Personal guarantors to bankrupt firms will need to declare crypto holding, art collections in IBC proceedingsNew draft rules will require personal guarantors of stressed companies to declare all personal assets. This includes crypto, jewellery, and...
- Parliamentary panel moots advance ruling mechanism in IBC framework to tackle litigationsThe panel, in its report, has also recommended setting up a transparent, online mechanism for issuing 'no dues' certificates and statutory ...
- ICAI submits suggestions on insolvency law amendments to Parl panelThe panel is examining proposed amendments to the insolvency law. These changes aim to improve processes under the Insolvency and Bankruptc...
- Along with the Bhushan Power and Steel, JSW Steel case, RP under the spotlight, tooThe Supreme Court stopped JSW Steel's purchase of Bhushan Power and Steel. This decision highlights Mahender Kumar Khandelwal's role. He wa...
- IBBI suggests monitoring panel to oversee resolution planIndia's Insolvency and Bankruptcy Board (IBBI) is proposing mandatory monitoring committees to oversee the execution of resolution plans un...
- IBBI issues new guidelines to streamline process of appointing IPs as resolution professionalsThe Insolvency and Bankruptcy Board of India (IBBI) issues new guidelines to streamline the appointment of insolvency professionals (IPs) a...
- IBBI amends norms to streamline, ensure more transparency in insolvency resolution processRegulator IBBI has amended corporate insolvency resolution process norms to increase transparency and accountability. Separate accounts, va...
- IBBI prepares list of 787 insolvency professionals to expedite resolution processThe move is aimed at avoiding administrative delays in the appointment of IPs to expedite insolvency resolution and prevent further erosion...
- IBBI prepares list of 400 insolvency professionals for easy pickingsIn a first for the country's bankruptcy resolution regime, the insolvency regulator has prepared a "common panel" of 400 insolvency profess...
- IBBI to form 'common panel' of insolvency professionalsThe bankruptcy regulator will prepare a "common panel" of insolvency professionals (IPs) from those registered with it and share the list i...
- Expert panel pitches for national dashboard for insolvency dataThe Insolvency and Bankruptcy Code (IBC), which provides for a time-bound and market-linked resolution of stressed assets, has been in forc...
- Mohandas Pai to chair IBBI advisory committee on service providersBharti Infratel Chairman Akhil Gupta, Raksha Shakti University Director General Bimal N Patel, CSB Bank MD and CEO Chinna Veerappan Rajendr...
- Inter-creditor agreement can be signed right at the time of lending for quick resolution, says Bankruptcy Board memberICA mechanism was established to arrive at a resolution plan within a specific period (30+180 days) for any account where the borrower miss...
- Insolvency law: Confusion over voting rights for realty companiesGovt has amended the Insolvency and Bankruptcy Code to treat homebuyers as financial creditors but the law mandates treating those abstaini...
- IBC panel recommends changes to revamp insolvency resolution processThe panel has recommended changes to the insolvency resolution framework to make it flexible for Resolution Professionals to raise interim ...
- IBC panel bats for flexibility and accountability for stakeholdersThe panel has recommended a reduction in the voting threshold from the existing 75% to 66% for critical actions like approval of the resolu...
- Insolvency Board to consider cross-border normsCross-border insolvency is on top of the agenda. The authorities are keen to make that happen as there is no provision under the IBC for it...
- Insolvency and Bankruptcy Board sets up two advisory panelsThe nine-member advisory committee on service providers is headed by educationist Mohandas Pai while the panel on corporate insolvency and ...
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