Mital & Mital Advocates is looking to hire Associates in Delhi
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Source: barandbench.com
Page 2 - Resolution Professionals News Today : Breaking News, Live Updates & Top Stories | Vimarsana
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Top News In Resolution Professionals Today - Breaking & Trending Today
Insolvency Professionals are not public servants under Prevention of Corruption Act: Delhi High Court
The Court rejected the CBI's argument that the duties of insolvency resolution professionals under the IBC should be read as “Public Duties."
Source: barandbench.com
SC ruling on role of RP in personal guarantor cases paves path for adjudication of nearly 2,000 IBC cases
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’.
Source: moneycontrol.com
Supreme Court Commences Hearing Of Pleas Challenging IBC Provisions On Personal Guarantor's Insolvency Resolution
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...
Source: livelaw.in
Resolution professionals can't challenge tribunal order, says Supreme Court
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 court's ruling came in response to an appeal filed by the RP of Regen Powertech, who challenged decisions made by the National Company Law Appellate Tribunal (NCLAT).
Source: indiatimes.com