Page 6 - Resolution Professional News Today

Prospective bidders have been given time until December 23 to submit fresh resolution plans with January 2, 2024 being set as the date for issuing the provisional list of prospective applicants., documents accessed by ET showed.

The Insolvency and Bankruptcy Board of India (IBBI) has amended norms pertaining to insolvency resolution process for personal guarantors and voluntary liquidation process. Changes have been made to the Insolvency Resolution Process for Personal Guarantors to Corporate Debtors regulations and

The insolvency watchdog has amended regulations to allow the same insolvency professional to steer the resolution of a stressed firm as well as the bankruptcy proceedings of its personal guarantors. The removal of the restriction on such a dual role aims to better harmonize and effectively coordinate both processes.

Reliance defence & Engineering Ltd called rnaval established in 1997 by Nikhil prataprai Gandhi, Bhavesh prataprai Gandhi, is India's first private firm to get shipbuilding licence.

As a consequence of SCs decision not to entertain the plea, Airtel chose to withdraw its application.

While dismissing a challenge made to Section 204 of the Insolvency and Bankruptcy Code which gives powers to the Insolvency Professional Agency (IPA) to monitor the conduct of the Insolvency...

The hearing was deferred after NCLT declared half a day holiday on January 22, owing to the Pran Pratishta ceremony at Ayodhya Ram temple

The Court rejected the argument that Section 204, IBC and Regulation 23A of the IBBI regulations governing IPAs confer unbridled disciplinary powers over resolution professionals.

HNG debtors move to sell the company to ARCs incase the SC rejects their applicant has sparked resentment among the employees of Indias oldest glass making company. They blame the COC and RP for the delay to bring a resolution, , insolvency resolution, Insolvency and Bankruptcy Bill, HNG Insolvency Resolution

In a recent development, the lenders of cash-strapped Go First have extended the deadline for financial bids to acquire the airline by January 31, a source aware of the development told IANS on Monday.Sky One, an aviation company headquartered ...