https://www.business-standard.com/companies/news/mca-planning-new-portal-to-streamline-ibc-cases-boost-transparency-123122400392_1.html Clipped from: https://www.business-standard.com/companies/news/mca-planning-new-portal-to-streamline-ibc-cases-boost-transparency-123122400392_1.html The IBBI would also be able to keep track of the happenings in the NCLT through this portal Listen to This Article
Category: IBC-SEBI
Lawyers say Byju’s in good health, BCCI’s plea to be heard on Jan 17
https://www.business-standard.com/companies/news/lawyers-say-byju-s-in-good-health-bcci-s-plea-to-be-heard-on-jan-17-123122200843_1.html Clipped from: https://www.business-standard.com/companies/news/lawyers-say-byju-s-in-good-health-bcci-s-plea-to-be-heard-on-jan-17-123122200843_1.html Byju’s gave this response when the NCLT inquired about the company’s current status during the hearing of the insolvency plea filed by
Income Tax Department not a Secured Operational Creditor: NCLAT
Clipped from: https://www.taxscan.in/income-tax-department-not-a-secured-operational-creditor-nclat/354687/ Answering in the negative to whether the Income Tax Department is a secured operational creditor, the Principal Bench of the National Company Law
IRP not a Public Servant: Delhi HC quashes CBI FIR u/s 7 of Prevention of Corruption Act [Read Order]
Clipped from: https://www.taxscan.in/irp-not-a-public-servant-delhi-hc-quashes-cbi-fir-u-s-7-of-prevention-of-corruption-act-read-or/354535/ The Delhi High Court has recently quashed a First Investigation Report (FIR) lodged against and determined that an Insolvency Resolution Professional (IRP) does not fall
Application u/s 7 IBC Cannot Be Initiated Against a Struck-off Company: NCLT
Clipped from: https://www.taxscan.in/application-u-s-7-ibc-cannot-be-initiated-against-a-struck-off-company-nclt/349302/ The NCLT rules that struck off company not liable for action u/s 7 of IBC. The New Delhi Bench of the National Company Law Tribunal
Section 14 of IBC does not create a bar for finalisation of Tax assessment & adjudication proceedings
https://taxguru.in/excise-duty/section-14-ibc-create-bar-finalisation-tax-assessment-adjudication-proceedings.html Clipped from: https://taxguru.in/excise-duty/section-14-ibc-create-bar-finalisation-tax-assessment-adjudication-proceedings.html Platino Classic Motors India Pvt. Ltd. Vs Deputy Commissioner Of Central Tax And Central Excise (Kerala High Court) Introduction: Platino Classic Motors, a
A tweak to IBC’s waterfall mechanism will help – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/a-tweak-to-ibcs-waterfall-mechanism-will-help/article67540361.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/a-tweak-to-ibcs-waterfall-mechanism-will-help/article67540361.ece Moving up government dues in the pecking order will spook investors The September 2022 ‘Rainbow papers’ judgment (State Tax Officer vs Rainbow
Legal proceedings against Sahara Group to continue: SEBI chief – The Hindu BusinessLine
https://www.thehindubusinessline.com/companies/legal-proceedings-against-sahara-group-to-continue-sebi-chief/article67539914.ece Clipped from: https://www.thehindubusinessline.com/companies/legal-proceedings-against-sahara-group-to-continue-sebi-chief/article67539914.ece Buch said the regulator’s actions were dependent on the directions of the SC-appointed committee and refunds were being doled out to those
IIM Ahmedabad study finds significant improvement in firms post IBC
https://www.business-standard.com/companies/news/iim-ahmedabad-study-finds-significant-improvement-in-firms-post-ibc-123111200476_1.html Clipped from: https://www.business-standard.com/companies/news/iim-ahmedabad-study-finds-significant-improvement-in-firms-post-ibc-123111200476_1.html The study found that hotels and restaurants have had the highest recovery rate for creditors under the IBC while electricity, gas, and
Debt guarantees
https://www.business-standard.com/opinion/editorial/debt-guarantees-123111300896_1.html Clipped from: https://www.business-standard.com/opinion/editorial/debt-guarantees-123111300896_1.html Supreme Court has strengthened the IBC framework Representative Image Listen to This Article The Supreme Court last week settled an important ongoing
Insolvency and Bankruptcy Code: Personal guarantors get no SC reprieve
https://www.business-standard.com/companies/news/sc-upholds-ibc-says-provisions-don-t-have-vices-of-arbitrariness-123110900796_1.html Clipped from: https://www.business-standard.com/companies/news/sc-upholds-ibc-says-provisions-don-t-have-vices-of-arbitrariness-123110900796_1.html Top court upholds constitutionality of key provisions Photo: Pexels In a landmark judgment, the Supreme Court on Thursday refused to give reprieve
Proposed IBC changes could provide homebuyers some relief – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/proposed-ibc-changes-could-provide-homebuyers-some-relief/article67521051.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/proposed-ibc-changes-could-provide-homebuyers-some-relief/article67521051.ece One of the positives is that properties where buyers are in possession of homes or those where they have paid in full,
Proposed IBC changes could provide homebuyers some relief – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/proposed-ibc-changes-could-provide-homebuyers-some-relief/article67521051.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/proposed-ibc-changes-could-provide-homebuyers-some-relief/article67521051.ece One of the positives is that properties where buyers are in possession of homes or those where they have paid in full,
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