Insolvency Professionals
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CA Among 3 Arrested For Fraudulent Take Over Of Insolvent Company
The ED said on Wednesday that it has arrested three persons including a chartered accountant and a resolution professional as part of a money laundering probe linked to an alleged bank loan fraud related to regaining control of an insolvent company f
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Go First Can't Fly Lessors' Aircraft As Of Now: Delhi High Court
The high court said the resolution professional (RP) appointed under the insolvency law to manage the airline has not been able to show any urgency or any grave imminent threat to the aircraft compelling the RP to fly them suddenly and without any pr
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Go First Insolvency Upheld By Tribunal, Setback For Lessors
The National Company Law Appellate Tribunal (NCLAT) on Monday upheld insolvency resolution proceedings against crisis-hit airline Go First, derailing aircraft lessors' efforts to take back their planes from the struggling Wadia group firm.
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Future Retail Insolvency: Expression Of Interest Invited From Prospective Buyers By Oct 20
The resolution professional of Future Retail Ltd (FRL) has invited 'expression of interest' from prospective buyers under the ongoing Corporate Insolvency Resolution Process (CIRP).
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Rules Amended For Faster Redressal Of Grievances Against Insolvency Professionals
Insolvency and Bankruptcy Board of India (IBBI) has amended rules pertaining to redressal of grievances filed against insolvency professionals
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Will Protect Homebuyers' Interest In Supertech Case: Supreme Court
The Supreme Court on Monday assured that it will protect the interest of homebuyers in Supertech's twin tower in view of the Interim Resolution Professional (IRP) appointed in the insolvency proceedings against the real estate company.
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Bankruptcy Board Amends Norms To Make Insolvency Process Transparent
Ministry of Corporate Affairs said that the changes will bring in greater discipline and transparency in insolvency proceedings.
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Oyo Challenges Tribunal's Insolvency Proceedings Against Its Subsidiary Unit
National Company Law Tribunal notice said it was appointing a resolution professional for Oyo's subsidiary, Oyo Hotels and Homes Pvt Ltd, and inviting all creditors to submit any claims it may have against the company.
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Kidnapped, Taken To Remote Bungalow. He Is A Bankruptcy Professional
Devendra Jain was abducted one muggy Mumbai afternoon last September, whisked away in a car by angry investors of an insolvent firm he was tasked with reviving.
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Monnet Ispat Bankruptcy: NCLT Appoints Resolution Professional
The Mumbai bench of NCLT appointed Sumit Binani as IRP for carrying out the Corporate Insolvency Resolution Process (CIRP) of the company, Monnet Ispat said in a filing to the BSE.
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Insolvency And Bankruptcy Code To Kick In From Thursday
A firm registered under Section 8 of the Companies Act, 2013 -- having a minimum net worth of Rs 10 crore and a paid-up capital of Rs 5 crore -- will be eligible to be an insolvency professional agency.
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Insolvency And Bankruptcy Board Notifies Regulations
Under the regulations, a firm registered under Section 8 of the Companies Act, 2013 would be eligible to be an insolvency professional agency.
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Insolvency And Bankruptcy Board Notifies Regulations
The Model Bye-Laws and Governing Board of Insolvency Professional Agencies as well as those pertaining to Insolvency Professional Agencies have been notified.
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Government Issues Draft Regulations For Insolvency Professionals
The draft regulations pertain to registration of insolvency professionals, agencies and model bye-laws.
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CA Among 3 Arrested For Fraudulent Take Over Of Insolvent Company
The ED said on Wednesday that it has arrested three persons including a chartered accountant and a resolution professional as part of a money laundering probe linked to an alleged bank loan fraud related to regaining control of an insolvent company f
-
Go First Can't Fly Lessors' Aircraft As Of Now: Delhi High Court
The high court said the resolution professional (RP) appointed under the insolvency law to manage the airline has not been able to show any urgency or any grave imminent threat to the aircraft compelling the RP to fly them suddenly and without any pr
-
Go First Insolvency Upheld By Tribunal, Setback For Lessors
The National Company Law Appellate Tribunal (NCLAT) on Monday upheld insolvency resolution proceedings against crisis-hit airline Go First, derailing aircraft lessors' efforts to take back their planes from the struggling Wadia group firm.
-
Future Retail Insolvency: Expression Of Interest Invited From Prospective Buyers By Oct 20
The resolution professional of Future Retail Ltd (FRL) has invited 'expression of interest' from prospective buyers under the ongoing Corporate Insolvency Resolution Process (CIRP).
-
Rules Amended For Faster Redressal Of Grievances Against Insolvency Professionals
Insolvency and Bankruptcy Board of India (IBBI) has amended rules pertaining to redressal of grievances filed against insolvency professionals
-
Will Protect Homebuyers' Interest In Supertech Case: Supreme Court
The Supreme Court on Monday assured that it will protect the interest of homebuyers in Supertech's twin tower in view of the Interim Resolution Professional (IRP) appointed in the insolvency proceedings against the real estate company.
-
Bankruptcy Board Amends Norms To Make Insolvency Process Transparent
Ministry of Corporate Affairs said that the changes will bring in greater discipline and transparency in insolvency proceedings.
-
Oyo Challenges Tribunal's Insolvency Proceedings Against Its Subsidiary Unit
National Company Law Tribunal notice said it was appointing a resolution professional for Oyo's subsidiary, Oyo Hotels and Homes Pvt Ltd, and inviting all creditors to submit any claims it may have against the company.
-
Kidnapped, Taken To Remote Bungalow. He Is A Bankruptcy Professional
Devendra Jain was abducted one muggy Mumbai afternoon last September, whisked away in a car by angry investors of an insolvent firm he was tasked with reviving.
-
Monnet Ispat Bankruptcy: NCLT Appoints Resolution Professional
The Mumbai bench of NCLT appointed Sumit Binani as IRP for carrying out the Corporate Insolvency Resolution Process (CIRP) of the company, Monnet Ispat said in a filing to the BSE.
-
Insolvency And Bankruptcy Code To Kick In From Thursday
A firm registered under Section 8 of the Companies Act, 2013 -- having a minimum net worth of Rs 10 crore and a paid-up capital of Rs 5 crore -- will be eligible to be an insolvency professional agency.
-
Insolvency And Bankruptcy Board Notifies Regulations
Under the regulations, a firm registered under Section 8 of the Companies Act, 2013 would be eligible to be an insolvency professional agency.
-
Insolvency And Bankruptcy Board Notifies Regulations
The Model Bye-Laws and Governing Board of Insolvency Professional Agencies as well as those pertaining to Insolvency Professional Agencies have been notified.
-
Government Issues Draft Regulations For Insolvency Professionals
The draft regulations pertain to registration of insolvency professionals, agencies and model bye-laws.
