Page 4 - Liquidation Process News Today

A total 1,807 cases ended in liquidation till September, 2022 under the Insolvency and Bankruptcy Code, 2016 (IBC/Code), said Minister of State, Corporate Affairs, Rao Inderjit Singh in a written reply in the Lok Sabha on Monday.Out of these, ...

Aiming to reduce delays and realise better value, the Insolvency and Bankruptcy Board of India (IBBI) has notified the IBBI (Liquidation Process)

Aiming to reduce delays and realise better value, the Insolvency and Bankruptcy Board of India (IBBI) has notified the IBBI (Liquidation Process) (Second Amendment) Regulations 2022 (Amendment Liquidation Regulations), and IBBI (Voluntary ...

These were notified on September 16, official sources said.The

The Insolvency and Bankruptcy Board of India (IBBI) has notified amendments in the Insolvency and Bankruptcy Board of India (Liquidation Process) (Second Amendment) Regulations, 2022 that seek to enable better stakeholders participation, Ministry of Corporate Affairs said on Tuesday.

The Insolvency and Bankruptcy Board of India (IBBI) has organised a three-day training programme for Indian Corporate Law Service (ICLS) trainee officers, the Ministry of Corporate Affairs said on Thursday.

IBC imposes moratorium on initiation or continuation of legal proceedings against corporate debtor CD for entire duration of corporate insolvency resolution process CIRP. Adjudication of disputed claims that are pending as on the date of initiation of CIRP get stalled.

The Insolvency and Bankruptcy Board of India (IBBI) is a key institution in implementing the Insolvency and Bankruptcy Code (IBC), , IBBI, Liquidation Process

A Bench comprising of Navin Sinha and KM Joseph observed that an application under Section 34 of the Arbitration and Conciliation Act to set aside an award is covered by moratorium under Section 14 of the Insolvency and Bankruptcy Code. Section 34 proceeding is a proceeding against the corporate debtor in a court of law pertaining to a challenge to an arbitral award and would be covered just as an appellate proceeding in a decree from a suit would be covered, the bench headed by Justice...

NCLAT directs liquidation of KS Oils, pulls up NCLT for lapse of 981 days SECTIONS Last Updated: Mar 17, 2021, 05:25 PM IST Share Synopsis The National Company Law Appellate Tribunal (NCLAT) has directed to initiate liquidation process of leading integrated edible oil company K S Oils Ltd and set aside an NCLT order passed against it. The National Company Law Appellate Tribunal (NCLAT) has directed to initiate liquidation process of leading integrated edible oil company K S Oils Ltd and set asi...