Saturday, May 25, 2019
Sebi, IBBI ink pact for effective implementation of securities law, IBC Press Trust of India  |  New Delhi Last Updated at March 19, 2019 19:15 IST Markets regulator Sebi Tuesday said it has inked pact with Insolvency and Bankruptcy Board of India to effectively implement securities laws,...
A Debate Reignited - Whether ‘Interest’ on Delayed Payment Constitutes ‘Debt’ for IBC? Bar & Bench March 18 2019 Priya Agrawal & Rahul Agarwal The National Company Law Tribunal (NCLT) (Kolkata Bench) admitted Eastern Coalfields Ltd. to Corporate Insolvency Resolution Process (CIRP) for default in the payment of interest (Gulf...
NCLT asks directors to seek approval before traveling abroad Varun Marwah February 11 2019 The Mumbai Bench of NCLT has recently asked four directors of Gammon India Ltd. to not leave the country without obtaining its permission. This order was passed by NCLT while a Section 7 filing...
Insolvency proceeding ends after home buyers settles dispute with Parsvnath Landmark Devdiscourse News Desk New Delhi India  Updated: 08-02-2019 16:44 IST Created: 08-02-2019 16:04 IST NCLT had allowed insolvency proceedings against Parsvnath Landmark after three home buyers approached the tribunal complaining about the delay in...
The curious case of the National Company Law Tribunal, Kochi Bar & Bench February 8 2019 FacebookTwitterWhatsAppShare58 Rahul Unnikrishnan On July 27, 2018, the Ministry of Corporate Affairs issued a notification constituting a bench of National Company Law Tribunal (NCLT) at Kochi. This Tribunal was given jurisdiction over matters...
The Viewpoint - Insolvency proceedings barred during the pendency of S.34 petition Bar & Bench January 25 2019 FacebookTwitterWhatsAppShare152 Meghna Mishra and Ankit Rajgarhia Introduction One of the conditions for admission of an application by an operational creditor to initiate insolvency proceedings against a corporate debtor by...
Vishwanath Nair January 25 2019, 5:21 PM January 25 2019, 5:21 PM The Insolvency & Bankruptcy Board of India made a security amount compulsory for bidders to prevent them from backing out after winning stressed assets under the bankruptcy law....
Bank of India has initiated insolvency resolution process under 7 of the Insolvency and Bankruptcy code, 2016 read with rule 4 of the Insolvency and Bankruptcy (Appilcation to adjudicating authority), Rules, 2016. The company is taking appropriate steps and...
Pursuant to the Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, kindly note that the first Meeting of Committee of Creditors (COC) was held on January 11, 2019 to discuss inter alia the agenda item...
Clarification on News Item appearing in the Media - Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015, and your e-mail dated 14th January, 2019 We refer to the news article published in Live Mint...
Viceroy Hotels Ltd. - Corporate Insolvency Resolution Process (CIRP)-Intimation of meeting of Committee of Creditors T+ T- Sub: Notice of 11th Committee of Creditors Meeting Ref: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 - Reg. With reference to...
Ricoh India Ltd. - Corporate Insolvency Resolution Process (CIRP)-Updates - Corporate Insolvency Resolution Process (CIRP) T+ T- The Company informs your good Office that the Resolution Professional with the approval of Committee of Creditors of the Company had filed an application before...
Uttam Value Steels Ltd. - Corporate Insolvency Resolution Process (CIRP)-Intimation of meeting of Committee of Creditors T+ T- Dear Sir/ Madam, Sub: Notice of Fifth Meeting of Committee of Creditors (CoC) of Uttam Value Steels Limited (Corporate Debtor) Pursuant to the provisions of Regulation...
Ricoh India Ltd. - Corporate Insolvency Resolution Process (CIRP)-Updates - Corporate Insolvency Resolution Process (CIRP) T+ T- The Company hereby informs that the Resolution Professional with the approval of Committee of Creditors of the Company had filed an application before the Honble...
Pratibha Industries Ltd. - Corporate Insolvency Resolution Process (CIRP)-Initiation of Corporate Insolvency Resolution Process (CIRP) by Financial Creditors T+ T- Hearing of Petition from Bank of Baroda, Financial Creditor of the company with NCLT, Mumbai under Insolvency and Bankruptcy Code, 2016 Pdf Link: Pratibha...
Insolvency and Bankruptcy Board of India No. IBBI/PR/2018/32 22nd October, 2018 PRESS RELEASE IBBI notifies the Insolvency and Bankruptcy Board of India (Mechanism for Issuing Regulations) Regulations, 2018 The Insolvency and Bankruptcy Code, 2016 (Code) is a modern economic legislation. Section 240 of the Code empowers...
Nitin Fire Protection Industries Ltd. - Announcement under Regulation 30 (LODR)-Appointment of Interim Resolution Professional (IRP) T+ T- We hereby inform and update you that the Petition filed by DENA Bank, Corporate Creditor/Petitioner before Honble National Company Law Tribunal, Mumbai under Insolvency...
IBBI Notifies Mechanism For Issuing Regulations Under Insolvency Law PTI@PTI_News October 23 2018, 7:22 PMOctober 23 2018, 7:22 PM The Insolvency and Bankruptcy Board of India has notified the mechanism that needs to be followed for issuing...
Insolvency and Bankruptcy Board of India 7th Floor, Mayur Bhawan, Connaught Place, New Delhi-110001 No. IBBI/HR/197 Dated:24th October, 2018 NOTICE Sub: Appointment of Deputy General Manager (DGM) and Assistant General Manager (AGM) on deputation The Insolvency and Bankruptcy Board of India (IBBI), a statutory body...
NCLT commences CIRP for Gitanjali Gems Capital Market Last Updated at October 24, 2018 18:50 IST On 08 October 2018 Gitanjali Gems announced that the National Company Law Tribunal, Mumbai Bench had vide their order dated 08 October 2018 commenced Insolvency Resolution process in...