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RBI imposes monetary penalty on Hissar Urban Co-operative Bank for contravention of regulatory norms
The Reserve Bank of India (RBI) has imposed, by an order dated 23 September 2022, a monetary penalty of ₹3.00 lakh (Rupees Three Lakh...
Sep 26, 20221 min read
Margin money against LC is not included as a security and is not an 'asset' of the Corporate Debtor
The National Company Law Appellate Tribunal (NCLAT), New Delhi bench comprising Justice Anant Bijay Singh, Judicial Member and Ms....
Sep 25, 202212 min read
There is no reason why proceedings u/s 7 IBC cannot be initiated against both the Corporate Debtors
The Supreme Court Bench comprising Justices Indira Banerjee and J.K. Maheshwari was hearing an Appeal yesterday and held that If there...
Sep 23, 20228 min read
The IBBI inserted 'Regulatory Fee' in CIRP Regulation, 2016 by the Fifth Amendment on 20 Sept. 2022
INSOLVENCY AND BANKRUPTCY BOARD OF INDIA NOTIFICATION New Delhi, the 20th September, 2022 Insolvency and Bankruptcy Board of India...
Sep 22, 20222 min read
Proceedings in good faith in a forum which lacks jurisdiction may save limitation: Supreme Court
The Supreme Court Bench comprising Justices Indira Banerjee and J.K. Maheshwari was hearing an interesting issue of limitation in an...
Sep 22, 20225 min read
Amended Liquidation Regulations, 2022 enable better participation of SCC in the liquidation process
The Insolvency and Bankruptcy Board of India (IBBI) notified the Insolvency and Bankruptcy Board of India (Liquidation Process) (Second...
Sep 21, 20222 min read
Adjudicating Authority in directing the RP to place a such claim in Form-C before CoC per se illegal
The National Company Law Appellate Tribunal (NCLAT), Chennai Bench comprising Justice M. Venugopal, Judicial Member and Kanthi Narahari,...
Sep 20, 202210 min read
8th Advanced Workshop on Case Study for Insolvency Professionals, in Virtual Mode
The Insolvency and Bankruptcy Board of India (IBBI) is conducting a one-day Advanced Workshop on Case Study of Resolution of NTL...
Sep 20, 20221 min read
Voluntary Liquidation Processes Ending with Order of Dissolution--As on 30th June 2022: IBBI
The Insolvency and Bankruptcy Board of India (IBBI) released data of the Voluntary Liquidation Processes ending with Order of...
Sep 20, 20221 min read
IBBI arrange a Press Release on the CIRP Regulation, 2016 (Fourth Amendment on 16th September, 2022)
Insolvency and Bankruptcy Board of India No. IBBI/PR/2022/36 || 17th September, 2022 Press Release Subject: Insolvency and...
Sep 19, 20223 min read
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