Resolution Professionals News Today

You why did mccain vote against him . This doesnt do what republicans planned to do which is repeal and replace obamacare. Neil everyone acknowledged that. The republicans in this bill were hoping that it would pass but that it wouldnt become law. They wanted to use the vehicle to get to a conference. Its difficult to explain to people. The other thing neil you could change it. Exactly. Difficult to explain to people. The idea that trump and republicans sold substance to this bill, low Approval ...

The Kerala High Court stated that prima facie, a Resolution Professional appointed under the Insolvency and Bankruptcy (IB) Code for carrying the Corporate Insolvency Resolution Process (CRIP) of the...

JAN FEB 2024 India is poised to sustain its economic growth momentum in the fiscal year 2025, anticipating a growth rate of around 7 percent. The country’s

Almost ten months ago, Go First entered a voluntary insolvency process, which resulted in the airline being grounded.

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.

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The Court rejected the CBI's argument that the duties of insolvency resolution professionals under the IBC should be read as “Public Duties."

According to experts, the apex court’s decision has clarified the role of the Resolution Professional in the case of a personal guarantee to being a ‘facilitator’ and not an ‘adjudicator’.

The Supreme Court today (07.11.2023) commenced its hearings in a batch of petitions challenging the constitutionality of various provisions of the Insolvency and Bankruptcy Code (IBC) relating to...

The Supreme Court has ruled that resolution professionals (RPs) do not have the authority to file appeals against bankruptcy court decisions since they are considered "neutral" individuals appointed to assist the tribunals. Only parties directly affected, such as the Committee of Creditors (CoC), can file appeals. Legal experts believe this decision will help speed up insolvency resolutions. The courts ruling came in response to an appeal filed by the RP of Regen Powertech, who challen...