Clipped from: https://www.mondaq.com/india/insolvencybankruptcy/1050172/section-14-of-the-insolvency-and-bankruptcy-code-2016-vis-vis-section-138-of-the-negotiable-instruments-act-1881-what-prevails?type=popular An order of moratorium under Section 14 of the Insolvency and Bankruptcy Code, 2016 shall cover proceedings under Sections 138 and 141 of
Category: IBC-SEBI
Time Is The Essence Of The Corporate Insolvency Resolution Process: Supreme Court Of India. – Insolvency/Bankruptcy/Re-structuring – India–mondaq.com
Clipped from: https://www.mondaq.com/india/insolvencybankruptcy/1050184/time-is-the-essence-of-the-corporate-insolvency-resolution-process-supreme-court-of-india?type=popular The Corporate Insolvency Resolution Process under the Insolvency and Bankruptcy Code, 2016 cannot be allowed to lapse into an indefinite delay defeating the
Operational Creditors In Insolvency: A Tale Of Disenfranchisement – Insolvency/Bankruptcy/Re-structuring – India–mondaq.com
Clipped from: https://www.mondaq.com/india/insolvencybankruptcy/971940/operational-creditors-in-insolvency-a-tale-of-disenfranchisement?type=popular The Insolvency and Bankruptcy Code, 2016 (hereinafter “IBC”) was hailed as a major reform in the insolvency landscape in India. The IBC was
Liquidation Process Under The Insolvency And Bankruptcy Code, 2016 – An Overview – Insolvency/Bankruptcy/Re-structuring – India–mondaq.com
Clipped from: https://www.mondaq.com/india/insolvencybankruptcy/987994/liquidation-process-under-the-insolvency-and-bankruptcy-code-2016–an-overview?type=popular&login=true Nearly all discussions and coverages on the Insolvency and Bankruptcy Code, 2016 (“Code“), highlight the process of Resolution of Corporate persons, which is
Supreme Court’s decision in Jaypee matter clarifies various aspects under IBC–mondaq.com
Clipped from: https://www.trilegal.com/index.php/publications/update/supreme-courts-decision-in-jaypee-matter-clarifies-various-aspects-under-ib?utm_source=Mondaq&utm_medium=syndication&utm_campaign=LinkedIn-integration In a landmark decision, the Supreme Court of India clarifies various facets of the Insolvency and Bankruptcy Code, 2016 while extending the corporate
The limits of “As-Is Where-Is” in SARFAESI auctions – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/the-limits-of-as-is-where-is-in-sarfaesi-auctions/article34124619.ece The SARFAESI Act of 2002 empowers a secured creditor—usually, a bank—to sell the pledged immovable property and recover his dues. Such sales are
Related Party Transactions – Section 188 of Companies Act, 2013
Related Party Transactions – Section 188 of Companies Act, 2013 https://taxguru.in/company-law/related-party-transaction-sections-188-companies-act-2013.html 1st Stage (Preliminary test) 1. Is it a transactio…. Read More
IBBI notifies prepack insolvency resolution process regulations for MSMEs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/ibbi-notifies-prepack-insolvency-resolution-process-regulations-for-msmes/articleshow/81993412.cmsSynopsis The prepack regulations define the eligibility and terms of appointment of resolution professionals, the norms for meetings between creditors and provide the modalities
SC remits to creditors Jaypee Infratech’s resolution plan for approval | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/sc-remits-to-creditors-jaypee-infratech-s-resolution-plan-for-approval-121032401336_1.html The Supreme Court Wednesday remitted to the Committee of Creditors (CoC) the issue of approval of resolution plan for debt-ridden Jaypee Infratech Ltd
NBCC, Suraksha group submit revised bids to acquire Jaypee Infratech | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/nbcc-suraksha-group-submit-revised-bids-to-acquire-jaypee-infratech-121040801690_1.html This is the fourth round of bidding process for Jaypee Infratech, which went into insolvency proceedings in August 2017 NBCC and Suraksha have
IBC: Can pre-packaged insolvency resolution under IBC be helpful for MSMEs? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/legal/can-pre-packaged-insolvency-resolution-under-ibc-be-helpful-for-msmes/articleshow/81981074.cmsSynopsis The Code emphasizes on reorganization and insolvency resolution of the Corporate Debtor, while maximizing the value of assets of the CD and promoting
Welcome Move for Pre-Packed Resolution–THE ECONOMIC TIMES
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/welcome-move-for-pre-packed-resolution/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. The government has done well to allow pre-packaged
NCLAT stays insolvency proceedings against OYO – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/nclat-stays-insolvency-proceedings-against-oyo/2229581/ “Today (Thursday) NCLAT has admitted our plea and ordered a stay for the formation of CoC in IBC proceedings against OHHPL, an OYO
Is the IBC a panacea or poison? – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/write-back-is-the-ibc-a-panacea-or-poison/2229699/ As we move along, it is important to bring attitudinal changes in the way creditors perceive the IBC One should not get dissuaded
Companies mandates to use software with audit trail of each transaction–tax guru
lipped from: https://taxguru.in/company-law/companies-mandates-use-software-audit-trail-each-transaction.html Companies (Accounts) Amendment Rules, 2021 MCA has vide its notification dated 24.03.2021 (Companies (Accounts) Amendment Rules, 2021) notifies that for the financial year commencing on
IIFL Securities begins activation of 11 lakh frozen Karvy accounts – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/stock-markets/iifl-securities-begins-activation-of-11-lakh-frozen-karvy-accounts/article34263460.ece Accounts of Karvy’s 11 lakh investors have been frozen for over a year IIFL Securities on Wednesday said it has begun activation of
Pre-pack scheme for MSMEs will bring down costs, lead to faster resolution of cases–indian express
Clipped from: https://indianexpress.com/article/opinion/editorials/msme-pre-pack-scheme-insolvency-and-bankruptcy-ilc-7261749/ Pre-pack scheme for MSMEs will bring down costs, lead to faster resolution of cases. In line with recommendations of the sub-committee of the
No, not bankruptcy! Oyo insolvency admitted by NCLT for Rs 16 lakh dispute–business today
Clipped from: https://www.businesstoday.in/current/corporate/no-not-bankruptcy-oyo-insolvency-admitted-by-nclt-for-rs-16-lakh-dispute/story/435960.html Oyo Founder and CEO Ritesh Agarwal has dismissed rumours that Oyo has filed for bankruptcy Oyo Founder and CEO Ritesh Agarwal A fresh
Despite efforts, independent directors not entirely independent: SEBI chief – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/despite-efforts-independent-directors-not-entirely-independent-sebi-chief/article34256886.ece Despite the many efforts, SEBI has not been able to ensure that all independent directors act without the influence of promoters to protect
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