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NCLT Chennai Orders Dissolution Of M/S Pillar Industries India Private Limited Under Section 59 Of IBC

The NCLT Chennai bench comprising of Ashok Kumar Bharadwaj (Judicial Member) and Sameer Kakar (Technical Member) has ordered for dissolution of M/s Pillar Industries India Private Limited (โ€œthe...
Polytetrafluroethylene Perflouroalkoxy Pillar Industries India Private Registrar Of Companies Preliminary Report Voluntary Liquidation Process Final Report
Source: livelaw.in

Bankruptcy Board amends regulations to reduce delays in insolvency 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 ...
New Delhi Stakeholders Consultation Committee Committee Of Creditors Co Bankruptcy Board Liquidation Process Second Amendment

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Bankruptcy regulations amended to enable better stakeholder participation

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.
Stakeholders Consultation Committee Ministry Of Corporate Affairs Committee Of Creditors Co Bankruptcy Board Liquidation Process Second Amendment

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