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Process For IBC Offences To Be Issued By Sessions Court Despite Companies Act Amendment Vesting Jurisdiction On Judicial Magistrate: Supreme Court

Observing that the offences committed under the Insolvency and Bankruptcy Code, 2016 (“IBC”) would be tried by the Special Court established under Section 435 of the Companies Act, 2013 and the...

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Maximaa : Approval of resolution plan - MarketScreener

IN THE NATIONAL COMPANY LAW TRIBUNAL

AHMEDABAD

DIVISION BENCH

COURT - I

ITEM No.303

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Out-of-court insolvency resolution to get a leg up

Out-of-court insolvency resolution to get a leg up
financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.

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Special court with sessions judge can hear offences filed under insolvency code: SC

In doing so, the court has reversed the Bombay High Court verdict from 2022, which held that only a special court comprising metropolitan magistrate established under the Companies Act, 2013, is empowered to hear criminal complaints under IBC.

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Insolvency and Bankruptcy Code: SC overrules Bombay HC on jurisdiction of special courts in bankruptcy cases

The Supreme Court has clarified that special courts presided by a sessions or additional sessions judge can try complaints under the Insolvency and Bankruptcy Code 2016. The court set aside a Bombay High Court's decision that only special courts consisting of a metropolitan or judicial magistrate (JM) were empowered to hear complaints under the bankruptcy law.

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MCA invites public comments on seven crucial rules under IBC

MCA invites public comments on seven crucial rules under IBC
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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MCA seeks inputs to revamp IBC rules

In a notice, the ministry also said its seeking to tweak the rules on the application to the adjudicating authority, the annual statement of accounts and the annual report rules, as stipulated by the Insolvency and Bankruptcy Board of India (IBBI). The notice has been uploaded on the IBBI website.

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NCLT not to blame for IBC 'delays' - The Hindu BusinessLine

NCLT not to blame for IBC 'delays' - The Hindu BusinessLine
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At 269, Insolvency and Bankruptcy Code resolutions hit record

India Business News: Steps by NCLT, govt, and IBBI led to a record number of cases being decided, with an improvement in lending culture and resolution ratio. Promoters re

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India Acts To Speed Up Bankruptcy Proceedings

India Acts To Speed Up Bankruptcy Proceedings
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