The Insolvency and Bankruptcy Board of India (“IBBI”) constitutes a working group on graduate insolvency programme

June 1, 2018

The IBBI has constituted a working group on the ‘Graduate Insolvency Programme’ as envisaged under the IBBI (Insolvency Professionals) Regulations, 2016, to recommend the structure, content and delivery mechanism for such ‘Graduate Insolvency Programme’. Dr M S Sahoo is the..

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Insolvency and Bankruptcy Board of India invites comments from public on the Regulations notified under the Insolvency and Bankruptcy Code, 2016

June 1, 2018

IBBI has invited comments from public, including the stakeholders and the regulators, on the regulations already notified under the Code. The comments can be provided till December 31, 2018 and following the due process, regulations will be amended to the..

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Hon’ble Mr. Justice Sudhansu Jyoti Mukopadhaya, Chairperson, National Company Law Appellate Tribunal delivers the IBBI Inaugural Annual Day Lecture

October 15, 2018 INSOL India Editorial

Hon’ble Mr. Justice Sudhansu Jyoti Mukopadhaya, Chairperson, National Company Law Appellate Tribunal delivers the IBBI Inaugural Annual Day Lecture The Insolvency & Bankruptcy Board of India has instituted an annual day lecture Series, starting with the Annual Day Inaugural Lecture on..

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Disciplinary Action against the resolution professional

October 15, 2018 INSOL India Editorial

In the present matter, Mr. Kapil Goel, a registered insolvency professional registered with the IBBI received a show cause notice seeking clarification from the RP as to how and under what authority the abbreviated name of the IBBI has been..

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SBI hopes to resolve 7-8 stressed power assets by Nov 11: Chairman 

October 15, 2018 INSOL India Editorial

State Bank of India hopes to resolve 7-8 stressed power assets with an exposure of around Rs 17,000 crore during the breather given by the Supreme Court till November 11, according to SBI Chairman Rajnish Kumar. SBI has taken a..

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CCI approves ArcelorMittal’s acquisition of Essar Steel

October 15, 2018 INSOL India Editorial

The Competition Commission of India (“CCI”) has approved the acquisition of debt-ridden Essar Steel by a consortium of ArcelorMittal and Japan’s Nippon Steel & Sumitomo Metal Corporation. The CCI stated that it has found no “appreciable adverse effect” on competition..

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