Category Archives: Insolvency and Bankruptcy Code 2016

Judicial Pronouncements under Insolvency & Bankruptcy Code 2016 : by ICAI

By | August 28, 2018

Publication on Judicial Pronouncements under Insolvency and Bankruptcy Code, 2016 Series 1 , by Insolvency and Bankruptcy Laws Group, CLCGC, ICAI – (27-08-2018) Publication on Judicial Pronouncements under Insolvency and Bankruptcy Code, 2016 Series 1 , by Insolvency and Bankruptcy Laws Group, CLCGC, ICAI – Download : Click here

Limited Insolvency Examination 2018 syllabus & format

By | August 2, 2018

Insolvency and Bankruptcy Board of India (Press Release) No. IBBI/PR/2018/23 31 st July, 2018 Limited Insolvency Examination, 1st November, 2018 The Board hereby publishes the syllabus, format etc. of the Limited Insolvency Examination (Examination) under regulation 3(3) of the Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations, 2016 for the examination to be conducted… Read More »

The Insolvency and Bankruptcy Code (Second Amendment) Bill 2018 : Download /Print

By | July 24, 2018

The Insolvency and Bankruptcy Code (Second Amendment) Bill 2018 The Insolvency and Bankruptcy Code (Second Amendment) Bill 2018 introduced in Lok Sabha on 23.07.2018 ( Bill No 127 of 2018] The Insolvency and Bankruptcy Code (Second Amendment) Bill 2018 As introduced  : Download /Print  

IBBI – Limited Insolvency Examination FAQs (1st July, 2018)

By | July 24, 2018

IBBI – Limited Insolvency Examination Frequently Asked Questions (1st July, 2018) 1. Is the Examination pattern changed from 1st July, 2018? The test administrator for the Limited Insolvency Examination has changed from NISM to NSEIT. The syllabus and pattern of the examination remains the same. The candidates who have already enrolled for examination will be… Read More »

Insolvency & Bankruptcy Practice Manual July 2018 Edition Taxmann

By | July 10, 2018

Insolvency & Bankruptcy Practice Manual-A Comprehensive Practice Guide for Insolvency Resolution Professionals/Practitioners/Creditors & Debtors (July 2018 Edition) Price Rs 962 Buy online Click here  Author : Ravinder Agarwal Edition : 2018 Edition Date of Publication : July 2018 Binding : Paperback No. Of Pages : 504 Weight (Kgs) : 0.555 Description of Insolvency & Bankruptcy Practice Manual July 2018 Edition As amended by Insolvency… Read More »

IBBI amendds IBBI(Insolvency Resolution Process for Corporate Persons) Regulations, 2016

By | July 5, 2018

Ministry of Corporate Affairs IBBI amends the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 Posted On: 04 JUL 2018 5:28PM by PIB Delhi The Insolvency and Bankruptcy Board of India (IBBI) has notified the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Third Amendment)… Read More »

Download IBBI Forms : Insolvency and Bankruptcy Board Forms

By | July 1, 2018

Insolvency and Bankruptcy Board Forms Forms under the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 Form A     Form B     Form C     Form D     Form E     Form F     Form G Forms under the Insolvency and Bankruptcy Board of India (Fast Track Insolvency Resolution Process for Corporate Persons) Regulations, 2017 Form A     Form B     Form C     Form D     Form E     Form… Read More »

Limited Insolvency Examination Guide (May 2018 Edition) – by V.S. Datey

By | June 18, 2018

Limited Insolvency Examination Guide (May 2018 Edition)Paperback – 2018 by V.S. Datey (Author) Price Rs 1568 to Buy Click here Product description A Comprehensive Examination Guide to Limited Insolvency Examination with Section-Wise Digest of Judgments on IBC Prescribed by IBBI Paperback: 1022 pages Publisher: Taxmann; May 2018 Edition edition (2018)

Insolvency and Bankruptcy Law Digest (May 2018 Edition) – by Taxmann

By | June 18, 2018

Insolvency and Bankruptcy Law Digest (May 2018 Edition)Paperback – 15 May 2018 by Taxmann (Author) A Section-wise case book of almost all relevant judgments of Supreme Court/High Courts/NCLAT/NCLT on Insolvency and bankruptcy code. Price Rs 912 to Buy Click here Paperback: 600 pages Publisher: Taxmann (15 May 2018)

President Approves Insolvency and Bankruptcy Code (Amendment) Ordinance 2018 : Press Release 06.06.2018

By | June 6, 2018

Ministry of Corporate Affairs President Approves Promulgation of the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2018. Posted On: 06 JUN 2018 3:16PM by PIB Delhi The President today gave assent to promulgate the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2018. The Ordinance provides significant relief to home buyers by recognizing their status as financial creditors.  This… Read More »

Commencement of Disciplinary Proceeding under IBBC 2016 : Circular

By | April 26, 2018

Commencement of Disciplinary Proceeding under The Insolvency and Bankruptcy Code 2016-clarification by IBBI The Insolvency and Bankruptcy Code, 2016 (Code) envisages that an insolvency professional may be appointed as interim resolution professional, resolution professional, liquidator, or a bankruptcy trustee if no disciplinary proceeding is pending against him. The Code, however, does not define ‘disciplinary proceeding’.… Read More »

Process for registration as Registered Valuer with Insolvency and Bankruptcy Board (IBBI) of India

By | April 6, 2018

Ministry of Corporate Affairs Process to be followed for registration as Registered Valuer with Insolvency and Bankruptcy Board (IBBI) of India under the Companies (Registered Valuers and Valuation) Rules, 2017 Posted On: 05 APR 2018 10:29AM by PIB Delhi With an objective to familiarise the eligible and desirous individuals and entities with the process of… Read More »

Regulation of fee payable to insolvency professionals and other process costs under Corporate Insolvency Resolution Process : IBBI invites suggestions

By | April 2, 2018

Ministry of Finance IBBI invites suggestions on regulation of fee payable to insolvency professionals and other process costs under Corporate Insolvency Resolution Process Posted On: 01 APR 2018 8:28PM by PIB Delhi Insolvency and Bankruptcy Board of India (IBBI) released a discussion paper today on regulation of fee payable to insolvency professionals (IPs) and other process costs under Corporate Insolvency… Read More »

Online valuation examinations for registration of Valuers by IBBI

By | March 31, 2018

Ministry of Corporate Affairs Insolvency and Bankruptcy Board of India commences conduct of online valuation examinations for registration of Valuers Posted On: 30 MAR 2018 8:46PM by PIB Delhi Insolvency and Bankruptcy Board of India (IBBI) is commencing on tomorrow , 31st March, 2018, the conduct of online Valuation examination related to for registration of… Read More »

Draft Syllabus of Limited Insolvency Examination : Comments invited by IBBI

By | March 21, 2018

Ministry of Corporate Affairs Insolvency and Bankruptcy Board of India invites comments on the Draft Syllabus of Limited Insolvency Examination. Posted On: 21 MAR 2018 6:46PM by PIB Delhi The Insolvency and Bankruptcy Code, 2016 (Code) provides for a class of regulated professionals, namely, Insolvency Professionals (IP), who constitute one of the four key pillars of the… Read More »

Question Bank on IBBI Limited Insolvency Examination

By | March 20, 2018

Corporate laws & Corporate Governance Committee of ICAI has released the publication -‘Question Bank on IBBI Limited Insolvency Examination’ recently. The publication has been specifically designed in a Multiple Choice Question format to help members to prepare for the Limited Insolvency Examination as conducted by Insolvency and Bankruptcy Board. It covers the syllabus as applicable… Read More »

Insolvency and Bankruptcy Code alongwith Nclt Rules Book 2018 by Bharat’s 

By | March 12, 2018

INSOLVENCY AND BANKRUPTCY CODE alongwith NCLT Rules Paperback – 1 Feb 2018 by Bharat’s (Author),‎ INSOLVENCY AND BANKRUPTCY CODE alongwith NCLT Rules by Bharat’s (Translator) Product description Referencer 1 Sections of Insolvency and Bankruptcy Code, 2016 notified till date Referencer 2 Commencement Notifications Referencer 3 Other Relevant Notifications Referencer 4 Relevant Orders Referencer 5 Circulars Referencer 6 Guidelines Price Rs 570… Read More »

2,750 cases disposed off under Insolvency and Bankruptcy Code

By | December 20, 2017

Govt. disposes 2,750 cases under Insolvency and Bankruptcy Code Posted On: 19 DEC 2017 6:32PM by PIB Delhi After notification of relevant provisions of the Insolvency and Bankruptcy Code 2016 on 01.12.2016, 2,434 fresh cases have been filed before NCLT and 2,304 cases of winding up of companies have been transferred from various High Courts.… Read More »

Insolvency & Bankruptcy Board of India Guidelines for Technical Standards for Core Services

By | December 15, 2017

Insolvency and Bankruptcy Board of India issues Guidelines for Technical Standards for Core Services  Based on recommendations of the Technical Committee, the Insolvency and Bankruptcy Board of India (IBBI) has laid down the Technical Standards for the performance of Core Services for the following matters under Regulation 13 of the IBBI (Information Utilities) Regulations, 2017:   i)            standard… Read More »

Insolvency and Bankruptcy Code : Govt invites suggestions

By | December 15, 2017

Government Panel invites suggestions/comments from stakeholders about the provisions of the Insolvency and Bankruptcy Code and the Rules and Regulations notified there under Comments/suggestions along with the brief justification may be sent through the online facility only available on MCA website up to 10th January, 2018 In the First Meeting of the Insolvency Law Committee,… Read More »

IBBI notify Regulations for handling of Grievances and Complaints under Insolvency and Bankruptcy code 2016

By | December 10, 2017

The Insolvency and Bankruptcy Board of India (IBBI) notifies Regulations for handling of Grievances and Complaints.  The Insolvency and Bankruptcy Board of India (IBBI) has notified the IBBI (Grievance and Complaint Handling Procedure) Regulations, 2017 in the Gazette of India on 7th December, 2017. The Regulations enable a Stakeholder, namely, debtor, creditor, claimant, service provider, resolution applicant… Read More »

Book Guide to Insolvency and Bankruptcy Code 2016 : Nov 2017 : Taxmann

By | December 2, 2017

Guide to Insolvency and Bankruptcy Code 2016 (2018 Edition) – Nov.2017 As amended by Insolvency and Bankruptcy Code (Amendment) Ordinance 2017 Description Also Incorporating: Insolvency and Bankruptcy Board of India (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) Regulations,2016 Insolvency and Bankruptcy Board of India (Insolvency Professional Agencies) Regulations,2016 Insolvency and Bankruptcy Board of India… Read More »

Ordinance to amend Insolvency and Bankruptcy Code 2016.

By | November 23, 2017

Press Release dated 23.11.2017 from Ministry of Corporate Affairs, Government of India Ordinance to amend the Insolvency and Bankruptcy Code, 2016 promulgated; Ordinance aims at putting in place safeguards to prevent unscrupulous, undesirable persons from misusing or vitiating the provisions of the Code. The Government of India promulgated today the Ordinance to amend the Insolvency… Read More »

Insolvency & Bankruptcy Code Ready Reckoner 2017-by CA. Kamal Garg

By | November 18, 2017

INSOLVENCY & BANKRUPTCY CODE READY RECKONER Paperback – 2017 by CA. Kamal Garg (Author, Narrator),‎ INSOLVENCY & BANKRUPTCY CODE READY RECKONER (Translator) Product description Division 1 Process Guide for Interim Resolution Professional Chapter 1 Introduction Chapter 2 Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016 (IBC) – Ready Reckoner Chapter 3 Timelines in Corporate Insolvency Resolution Process… Read More »

Due Diligence Framework under the Insolvency & Bankruptcy Code, 2016 

By | November 8, 2017

Insolvency and Bankruptcy Board of India (IBBI) strengthens its Due Diligence Framework under the Insolvency and Bankruptcy Code, 2016  Now prior to approval of a Resolution Plan, the Resolution Applicants, including promoters, will be put to a stringent test with respect to their credit worthiness and credibility; Amendments to the IBBI (Insolvency Resolution Process for… Read More »

Amendments to IBBI (Insolvency Resolution Process for Corporate Persons) Regulations 2016

By | October 6, 2017

Amendments to the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 and the Insolvency and Bankruptcy Board of India (Fast Track Insolvency Resolution Process for Corporate Persons) Regulations, 2017  The Insolvency and Bankruptcy Board of India (IBBI) has amended the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate… Read More »

IBBI notifies the IBBI (Information Utilities) (Amendment) Regulations, 2017 

By | October 5, 2017

IBBI notifies the IBBI (Information Utilities) (Amendment) Regulations, 2017 IBBI had notified the IBBI (Information Utilities) Regulations, 2017 on 31st March, 2017. These regulations provided that ordinarily a person should not hold more than 10% of paid up equity share capital or voting power of an information utility, while allowing certain specified persons to hold up to 25%.… Read More »

Insolvency cases may be filed in Courts also instead of Debt Recovery Tribunals

By | August 29, 2017

Stakeholders who intend to pursue their insolvency cases may approach appropriate authority/court under the existing enactments, instead of approaching the Debt Recovery Tribunals (DRTs).  It has come to notice of Ministry that Writ Petitions are being filed before some High Courts stating that ‘The Presidency Towns Insolvency Act, 1909’ and ‘The Provincial Insolvency Act, 1920’ (enactments) have… Read More »

Insolvency & Bankruptcy Code Alongwith NCLT : Aug 2017 Edition Book : Bharat Publication

By | August 14, 2017

Insolvency & Bankruptcy Code Alongwith NCLT Being a comprehensive Bare Act on Corporate The Insolvency and Bankruptcy Code, 2016. Price Rs 550 Click to buy online Publisher: Bharat Law House Pvt. Ltd. Edition: 2017 edn. Year: 2017 ISBN: 978-93-5139-526-3 Pages: 504 Division I Insolvency and Bankruptcy Code, 2016 alongwith Regulations and Rules 1          The Insolvency and… Read More »

Bharat  Guide to Insolvency & Bankruptcy Code Book by Dr. D. K. Jain

By | August 14, 2017

Bharat  Guide to Insolvency & Bankruptcy Code by Dr. D. K. Jain Based on the Insolvency and Bankruptcy Code, 2016 and Rules and Regulations notified thereunder alongwith commentary and Case Laws Price Rs 1795 Click to buy online DIVISION I LAW & PROCEDURE Part 1        Basics about the Insolvency and Bankruptcy Code, 2016 Part 2        Insolvency Resolution… Read More »

Regulations under Insolvency and Bankruptcy Code 2016 : Comments invited

By | July 6, 2017

Insolvency and Bankruptcy Board of India invites comments from public on the Regulations notified under the Insolvency and Bankruptcy Code, 2016.  The Insolvency and Bankruptcy Code, 2016 (Code) is a modern economic legislation. Section 240 of the Code empowers the Insolvency and Bankruptcy Board of India (IBBI) to make regulations subject to the conditions that the regulations: (a) carry out the… Read More »

Fast Track Insolvency Resolution Process for Corporate Persons Regulations notified by IBBI

By | June 16, 2017

Insolvency and Bankruptcy Board of India notifies Fast Track Insolvency Resolution Process for Corporate Persons Regulations The Insolvency and Bankruptcy Board of India (IBBI), in exercise of its powers conferred by sections 58, 196 and 208 read with section 240 of the Insolvency and Bankruptcy Code, 2016 (Code), has notified the Insolvency and Bankruptcy Board… Read More »

Handbook on Insolvency and Bankruptcy Code 2016, 2E- Book 2017- CA. G Sekar FCA

By | June 3, 2017

Handbook on The Insolvency and Bankruptcy Code, 2017, 2E Paperback – 1 Apr 2017  by CA. G Sekar FCA (Author) The New Book Titled Handbook for ” The Insolvency and Bankruptcy Code, 2016 ” is an outcome of the recent legislation. This revised edition, caters the requirements of the Professionals to understand the New Law,… Read More »

Insolvency Professionals to act as Interim Resolution Professionals (Recommendation) Guidelines 2017

By | June 2, 2017

Insolvency Professionals to act as Interim Resolution Professionals (Recommendation) Guidelines, 2017 25th May, 2017 Provisions of the Insolvency and Bankruptcy Code, 2016 1. Section 16 (3)(a) of the Insolvency and Bankruptcy Code, 2016 (Code) requires the Adjudicating Authority (AA) to make a reference to the Insolvency and Bankruptcy Board of India (Board) for recommendation of… Read More »

Insolvency and Bankruptcy Code (Removal of Difficulties) Order 2017.

By | May 26, 2017

MINISTRY OF CORPORATE AFFAIRS ORDER New Delhi, the 24th May, 2017 S.O. 1683(E).—Whereas, the Insolvency and Bankruptcy Code, 2016 (31 of 2016) (hereinafter referred to as the said Code) received the assent of the President on 28th May, 2016 and was published in the official Gazette on the same date; And, whereas, section 252 of… Read More »

Certain provisions of ‘Insolvency and Bankruptcy Code’ from April 1, 2017

By | May 19, 2017

SECTION 1 OF THE INSOLVENCY AND BANKRUPTCY CODE, 2016 – ACT – ENFORCEMENT OF – NOTIFIED DATE ON WHICH PROVISIONS OF CLAUSE (a) TO (d) OF SECTION 2 OF SAID CODE SHALL COME INTO FORCE NOTIFICATION NO. SO 1570(E) [F.NO.30/7/2016-INSOLVENCY SECTION], DATED 15-5-2017 In exercise of the powers conferred by sub-section (3) of section 1… Read More »

Limited Insolvency Examination to start from 1st July, 2017 to 30th June, 2018

By | May 18, 2017

Press Information Bureau Government of India Ministry of Corporate Affairs 17-May-2017 18:41 IST Second Edition of Limited Insolvency Examination to start from 1st July, 2017 to 30th June, 2018 The Insolvency and Bankruptcy Board of India (IBBI) has specified the syllabus, format and frequency of the “Limited Insolvency Examination” under regulation 3(3) of the Insolvency… Read More »

Commentary on Insolvency and Bankruptcy Code 2016 – Book-Thomson Reuters

By | May 13, 2017

Commentary on the Insolvency and Bankruptcy Code, 2016 Hardcover – 2017 by Thomson Reuters (Author) Being a comprehensive commentary on Commentary on the Insolvency and Bankruptcy Code, 2016.   Price Rs 2165 Click to buy online Hardcover: 1704 pages Publisher: Manzar Saeed; 2nd edition (2017) Related Books on Insolvency and  Best Book for Insolvency Professional Examinations… Read More »

Webinar on Insolvency and Bankruptcy Code 2016 held on May 04, 2017 by ICSI

By | May 9, 2017

Webinar series on Insolvency and Bankruptcy Code, 2016 held on May 04, 2017 Related Books on Insolvency and Bankruptcy / Best Book for Insolvency Professional Examinations ; Book 2017 Edition Insolvency and Bankruptcy Code 2016 Handbook for Insolvency Professional Examinations – Book 2017 Edition by G Sekar   Guide to Insolvency and Bankruptcy Code 2016 – Taxmann… Read More »

Guide to Insolvency and Bankruptcy Code 2016 – Taxmann – 2017 Edition Book

By | May 9, 2017

Guide to Insolvency and Bankruptcy Code 2016 This Book on Guide to Insolvency and Bankruptcy Code 2016 Also Incorporating: Insolvency and Bankruptcy Board of India (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) Regulations,2016 Insolvency and Bankruptcy Board of India (Insolvency Professional Agencies) Regulations,2016 Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations,2016 Insolvency and… Read More »

Financial Creditor can file for corporate insolvency resolution process

By | May 6, 2017

Bench :  National Company Law Tribunal (NCLT), Mumbai Bench, Mumbai Financial Creditor M/s. Edelweiss Asset Reconstruction Co. Ltd. Corporate Debtor M/s. Murli Industries Ltd. Amount of Default 1365.40 Cr. Date of Order 05-04-2017 Relevant Section Section 7 of the Insolvency and Bankruptcy Code, 2016 read with Rule 4 of the Insolvency and Bankruptcy (Application to… Read More »

FAQs on The Insolvency and Bankruptcy Code 2016

By | May 6, 2017

FAQs on The Insolvency and Bankruptcy Code 2016 ICAI has released FAQs The Insolvency and Bankruptcy Code 2016 Members may also refer “Frequently Asked Questions on the Insolvency and Bankruptcy Code, 2016”, as brought out by ICAI. It has been designed in a question and answer format and it is comprehensive and a handy book. Soft… Read More »

ICAI launched E-learning module for IBBI Limited Insolvency Examinations

By | May 6, 2017

E-learning module for IBBI Limited Insolvency Examinations This is an easy to use platform which delivers the concepts across the entire syllabus in the form of presentations and supplemented by mock tests in each component of the syllabus. A unique feature is that it enables you to take the tests at a modular level so… Read More »

IBBI constitutes Technical Committee under IBBI (Information Utilities) Regulations 2017

By | May 4, 2017

The Insolvency and Bankruptcy Board of India (IBBI) constitutes Technical Committee to lay down Technical Standards for the performance of core services and other services under IBBI (Information Utilities) Regulations, 2017 The Insolvency and Bankruptcy Board of India (IBBI) has constituted a Technical Committee in accordance with Regulation 14 of the IBBI (Information Utilities) Regulations,… Read More »

Insolvency and Bankruptcy Code 2016 – Book 2017 Edition – Commercial Law Publishers

By | May 1, 2017

The INSOLVENCY And BANKRUPTCY CODE, 2016 Paperback – 2017  by COMMERCIAL LAW PUBLISHER’S (Author) The INSOLVENCY And BANKRUPTCY CODE, 2016   Price Rs 425 Click to buy online  Paperback: 400 pages Publisher: COMMERCIAL LAW PUBLISHER’S; 2nd edition (2017) Related Books on Insolvency and Bankruptcy Insolvency and Bankruptcy Code 2016 Handbook for Insolvency Professional Examinations – Book… Read More »

IBBI invites comments on Draft regulations for Fast Track Resolution process for Eligible Corporate Persons

By | April 29, 2017

IBBI invites public comments on Draft regulations for Fast Track Resolution process for Eligible Corporate Persons Insolvency and Bankruptcy Board of India (IBBI) vide Press Release dated 18th April 2017 issued ‘Draft Regulations for Fast Track Resolution Process for Eligible Corporate Persons’ ‘A draft notification under Section 55(2) of IBC, 2016 for eligible corporate debtors’… Read More »

Voluntary Liquidation Process Regulations 2017 Notified by IBBI – Download

By | April 3, 2017

INSOLVENCY AND BANKRUPTCY BOARD OF INDIA NOTIFICATION New Delhi, the 31st March, 2017 INSOLVENCY AND BANKRUPTCY BOARD OF INDIA (VOLUNTARY LIQUIDATION PROCESS) REGULATIONS, 2017 IBBI/2016-17/GN/REG010. – In exercise of the powers conferred by sections 59, 196 and 208 read with section 240 of the Insolvency and Bankruptcy Code, 2016 (31 of 2016), the Board hereby… Read More »

Corporate Voluntary Liquidation Process Regulations Notified by Insolvency and Bankruptcy Board of India

By | April 1, 2017

Insolvency and Bankruptcy Board of India notifies Corporate Voluntary Liquidation Process Regulations The regulations shall come into effect from 1st April, 2017 The Insolvency and Bankruptcy Board of India (IBBI), in exercise of its powers conferred by sections 59, 196 and 208 read with section 240 of the Insolvency and Bankruptcy Code, 2016, has notified… Read More »