Applicability of the Limit on the Number of Assignments Applies to IPs Who are Individuals, not IPEs | IBBI clarifies

CIRCULAR NO. NO. IBBI/IPE/64/2024, Dated … Continue reading “Applicability of the Limit on the Number of Assignments Applies to IPs Who are Individuals, not IPEs | IBBI clarifies”

[Analysis] Corporate Exit Made Easy | IBBI Takes Progressive Steps Towards Transparent Voluntary Liquidations

Table of Contents Introduction Amendment … Continue reading “[Analysis] Corporate Exit Made Easy | IBBI Takes Progressive Steps Towards Transparent Voluntary Liquidations”

IPs Can Now Offer Services for Implementing of Resolution Plan as Long as Those Services are Outlined in the Plan | IBBI

CIRCULAR NO. IBBI/IP/65/2024, Dated 31.01.2024 … Continue reading “IPs Can Now Offer Services for Implementing of Resolution Plan as Long as Those Services are Outlined in the Plan | IBBI”

IPs Who Served or Acting as IRP/RP or Liquidator for CD Can Now be Appointed as ‘Professionals’ By a Bankruptcy Trustee

Notification No. IBBI/2023-24/GN/REG108 dated 31.01.2024 … Continue reading “IPs Who Served or Acting as IRP/RP or Liquidator for CD Can Now be Appointed as ‘Professionals’ By a Bankruptcy Trustee”

Assignment Issued By Agency Shall Remain Valid Till June 30 of the Year If the Expiry of 1 Year Falls from Jan to Jun | IBBI

Notification No. No. IBBI/2023-24/GN/REG111., Dated … Continue reading “Assignment Issued By Agency Shall Remain Valid Till June 30 of the Year If the Expiry of 1 Year Falls from Jan to Jun | IBBI”