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S.204 IBC | Provision Of Twin Tier Control By IBBI And IPA By Itself Doesn't Give Rise To Presumption Of Double Jeopardy: Madras High Court - Vimarsana News

S.204 IBC | Provision Of Twin Tier Control By IBBI And IPA By Itself Doesn't Give Rise To Presumption Of Double Jeopardy: Madras High Court

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...

Source: livelaw.in
NCLT defers Go First case to Feb 29, last effective hearing was in Nov 2023 - Vimarsana News

NCLT defers Go First case to Feb 29, last effective hearing was in Nov 2023

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

Madras High Court upholds validity of Section 204 IBC - Vimarsana News

Madras High Court upholds validity of Section 204 IBC

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 Insolvency Resolution COC RP In The Dock Over The Long Delay - BW Businessworld - Vimarsana News

HNG Insolvency Resolution COC RP In The Dock Over The Long Delay - BW Businessworld

HNG debtors' move to sell the company to ARCs incase the SC rejects their applicant has sparked resentment among the employees of India's 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

Go First extends deadline of financial bids to acquire airline, EOI submission till Jan 19 - Vimarsana News

Go First extends deadline of financial bids to acquire airline, EOI submission till Jan 19

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 ...