Search Results for Tag : IBC

Notifications & Circulars

IBBI, SEBI sign MoU for better implementation of IBC(19.03.2019)

The Insolvency and Bankruptcy Board of India (IBBI) signed a Memorandum of Understanding (MoU) today with the Securities and Exchange Board of India (.....

Tags : MOU, Signing of, Implementation, IBC

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Central Government hereby notifies further period of three months for the purposes of Section 10A of the Insolvency and Bankruptcy Code, 2016(22.12.2020)

In exercise of the powers conferred by section 10A of the Insolvency and Bankruptcy Code, 2016 (31 of 2016), the Central Government hereby notifies fu.....

Tags : Extension, Time period, IBC

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News

NCLAT: IBC Proceedings Valid Even if Company's Name Struck Off From Register(13.09.2019)

National Company Law Appellate Tribunal (NCLAT) has reiterated that an application under Section 7 and 9 of the Insolvency and Bankruptcy Code, 2016 f.....

Tags : NCLAT, IBC

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SC: Enforcement date of IBC Wholly Irrelevant to Triggering of any Limitation for Applications(03.10.2019)

Supreme Court has observed that the enforcement date of the Insolvency and Bankruptcy Code, 2016 does not and cannot form a trigger point of limitatio.....

Tags : SC, IBC

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Central Government Notifies New IBC Rules to Cover Financial Service Providers(18.11.2019)

Central Government has put out the Insolvency and Bankruptcy (Insolvency and Liquidation Proceedings of Financial Service Providers and Application to.....

Tags : Central Government, IBC

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NCLT: Ministry of Corporate Affairs Should be Party in all IBC Proceedings(26.11.2019)

National Company Law Tribunal, Principal Bench has ruled that it will be mandatory to make Ministry of Corporate Affairs a party to all the cases unde.....

Tags : NCLT, IBC

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NCLAT Sets Aside NCLT Order to Add MCA as Party in All IBC Cases and Company Petitions(26.05.2020)

National Company Law Appellate Tribunal (NCLAT) has set aside an order of National Company Law Tribunal (NCLT) which mandated the impleadment of the U.....

Tags : National Company Law Appellate Tribunal, Ministry of Corporate Affairs, Party to IBC Matters

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Delhi HC Issues Notice on Challenge to Centre's Notification of IBC Part III(05.08.2020)

Delhi High Court has issued notice on a plea challenging the gazette notification bringing into effect certain provisions of Part III of the Insolvenc.....

Tags : Delhi High Court, Challenge to Centre's Notification of IBC

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SC Orders Transfer of All Pleas Challenging Provisions of IBC on Personal Guarantors(29.10.2020)

Supreme Court has ordered the transfer of petitions pending across High Courts, challenging the provisions of Insolvency & Bankruptcy Code, 2016 perta.....

Tags : Supreme Court, Transfer of All Pleas Challenging Provisions of IBC

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Centre Notifies Regulations for Liquidation Process Under New Bankruptcy Code(19.12.2016)

Central Government has notified rules by which companies can go through liquidation under Insolvency and Bankruptcy Code (IBC), 2016.

Tags : Central Government, liquidation, Insolvency and Bankruptcy Code (IBC), 2016

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NCLAT: Guarantors’ Assets Cannot be Liquidated Under IBC(08.03.2018)

National Company Law Appellate Tribunal (NCLAT) has ruled that personal assets of guarantors, who in most cases are promoters, cannot be liquidated in.....

Tags : NCLAT, IBC

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President Okays IBC Ordinance, Home Buyers To Be Treated As Financial Creditors(07.06.2018)

Home buyers will now be recognised as financial creditors under the insolvency law, with the Government promulgating an ordinance. President Ram Nath .....

Tags : IBC Ordinance

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NCLT Admits Videocon Case for Insolvency Proceedings(08.06.2018)

National Company Law Tribunal (NCLT) has admitted the case of Videocon Industries for insolvency proceeding.