IBBI Proposes Changes To Boost Transparency, Plug Gaps In Insolvency Process. New Delhi, Feb 21 (KNN) The Insolvency and ...
The Insolvency and Bankruptcy Board of India (IBBI) has released a discussion paper proposing major changes to the insolvency ...
The amendments in the IBBI regulations will prevent the backdoor entry of former promoters in companies under liquidation by covering the "loopholes" in the law and are in line with the objective of ...
Insolvency experts, however, some provisions are necessary to be introduced to ensure that the adjudication of delayed claims ...
IBBI's discussion paper recommends detailed CoC deliberation records, mandatory going-concern assessments and clarified rules on delayed claims to improve IBC transparency and discipline ...
IBBI shares data on dubious transactions with ED to boost investigations under anti-money laundering laws. A total of ₹4.28 trillion has been identified for recovery.
The Insolvency and Bankruptcy Board of India’s (IBBI) suggested changes to liquidation regulations, if implemented, could help banks maximise recoveries in a time-bound manner, said at least six ...
In a discussion paper issued on Thursday, IBBI said one of the major proposals is the inclusion of land authorities in Committee of Creditors (CoC) meetings as invitees without voting rights. In a ...
Insolvency regulator Insolvency and Bankruptcy Board of India(IBBI) has proposed a slew of measures to enhance the effectiveness of Insolvency Professional Entities (IPEs) in the Insolvency Resolution ...
NEW DELHI: To address issues faced in the insolvency resolution process for realty projects, IBBI has proposed mandatorily registering of projects under the Real Estate Regulatory Authority and ...