INSOL India gets new member to Editorial Team
April 21, 2020 INSOL India - Editorial
We are pleased to announce that Ashwin Bishnoi joins our editorial board. Ashwin is a Partner at the leading law firm of Khaitan & Co. Ashwin specializes in complex corporate rescues and distress M&A transactions in India and has been..
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UPDATES ON OTHER COINCIDING/ RELATING LAWS - ARBITRATION LAW UPDATES
April 21, 2020 EDITORIAL TEAM - INSOL India
The limitation period for filing of an application to set aside a domestic award in India is 3 months (extendable at the discretion of the court by 30 days) from the receipt of the arbitral award by the aggrieved party..
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WHATS HAPPENING AROUND? - Bankruptcy board set to tackle group insolvency
April 21, 2020 EDITORIAL TEAM - INSOL India
India’s bankruptcy regulator, the Insolvency & Bankruptcy Board of India (the Board), is seeking to amend its rules and regulations to ensure that the IBC is suited to handle group insolvencies. Accounts such as Videocon and others have underscored the..
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Notification as per Section 5(15) of the Insolvency & Bankruptcy Code, 2016:
April 21, 2020 EDITORIAL TEAM - INSOL India
A notification was issued by the Ministry of Corporate Affairs on 18th March stating that the Central Government has notified the expression “Special Window for Affordable and Middle-Income Housing Investment I” and such expression shall mean the fund sponsored by..
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Feature for the modification of CIRP Forms (including IP-1 Form) which is submitted by an Insolvency Professional in compliance of regulation 40B of the Insolvency & Bankruptcy Board of India (Insolvency resolution Process for Corporate Persons) Regulations, 2016-
April 21, 2020 EDITORIAL TEAM - INSOL India
As per Sub-regulation 3 of regulation 40B of the Insolvency & Bankruptcy Board of India (Insolvency Resolution Process for the Corporate Persons) Regulations, 2016, an IP shall ensure that the Forms and its enclosures filed under this regulation are accurate..
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AMENDMENTS IN THE INSOLVENCY AND BANKRUPTCY LAW
April 21, 2020 EDITORIAL TEAM - INSOL India
Comparison of the provisions of the Insolvency & Bankruptcy Amendment Act, 2020 with the Insolvency & Bankruptcy Code, 2016 1. Insolvency Commencement Date: The Insolvency & Bankruptcy Amendment Act, 2020 omits the proviso to Section 5(12) of the Insolvency & Bankruptcy Code,..