IBBI Invites Comments on discussion paper regarding Limited Insolvency Examination

December 5, 2017

As the role and responsibility of an IP plays vital role in the IB Code,it is very essential to test skills of an IP. So,based on informal feedback from stakeholders and on the advice of the Examination Committee of the..

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Modification in syllabus for Limited Insolvency Examination

December 5, 2017

IBBI on November 02, 2017 has amended the syllabus for Limited Insolvency Examination to be followed with effect from January 01,2018 under regulation 3(3) of the Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations,2016. The format of examination is as..

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Constitution of Insolvency Law Committee

December 5, 2017

Under The Insolvency & Bankruptcy Code there are now more than 300 cases registered with different Adjudicating Authorities for resolution process. Keeping in mind various suggestions received from stakeholders in relation to further improvements in the Code, the Government vide..

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Training required for IPs and Bankers

December 5, 2017

To ensure that IPs and other stakeholders work more efficiently in resolving stressed assets,there is an urgent requirement of training and skill development of the IPs and creditors.There is a need for evolving a training pattern so that IPs as..

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Amendment in Regulations

December 5, 2017

IBBI has amended the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016,and the Insolvency and Bankruptcy Board of India (Fast Track Insolvency Resolution Process for Corporate Persons) Regulations, 2017, on November 07, 2017. For the..

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Ordinance for amendments to The Insolvency and Bankruptcy Code

December 5, 2017

In order to regulate and clarify who all can be elgible resolution applicants certain amendments have been made to IBC by way of an ordinance on November 23, 2017. The Ordinance provides that only those "prospective resolution applicants" who fulfil..

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