Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Fourth Amendment) Regulations, 2020
August 30, 2020 INSOL INDIA EDITORIAL TEAM
On August 7, 2020, the IBBI enacted the IBBI (Insolvency Resolution Process for Corporate Persons) (Fourth Amendment) Regulations, 2020 (“CIRP Amendment Regulations”). The CIRP Amendment Regulations has made the following amendments to the IBBI (Insolvency Resolution Process for Corporate Persons)..
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Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) (Second Amendment) Regulations, 2020
August 30, 2020 INSOL INDIA EDITORIAL TEAM
On August 5, 2020, the IBBI enacted the IBBI (Voluntary Liquidation Process) (Second Amendment) Regulations, 2020 (“VLP Amendment Regulations”). The VLPAmendment Regulations substituted regulation 5 of the IBBI (Voluntary Liquidation Process) Regulations, 2017, (“VLP Regulations”) which provides for the appointment..
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Insolvency and Bankruptcy Board of India (Liquidation Process) (Third Amendment) Regulations, 2020
August 30, 2020 INSOL INDIA EDITORIAL TEAM
On August 5, 2020, the IBBI enacted the IBBI (Liquidation Process) (Third Amendment) Regulations, 2020 (“LP Amendment Regulations”). By virtue of the LP Amendment Regulations, a clarification is inserted after regulation 4(2)(b) of the IBBI (Liquidation Process) Regulations, 2016 (“LP..
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Insolvency and Bankruptcy Board of India(Online Delivery of Educational Course and Continuing Professional Education by Insolvency Professional Agencies and Registered Valuers Organisations)Guidelines, 2020
August 30, 2020 INSOL INDIA EDITORIAL TEAM
On July 10, 2020, The Insolvency and Bankruptcy Board of India (“IBBI”) released the IBBI (Online Delivery of Educational Course and Continuing Professional Education by Insolvency Professional Agencies and Registered Valuers Organisations) Guidelines 2020 (“IPA guidelines”). The IPA Guidelines have..
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Amendment in SEBI (Real Estate Investment Trusts) Regulations, 2014/ SEBI (Infrastructure Investment Trusts) Regulations, 2014
July 27, 2020 EDITORIAL TEAM - INSOL India
On 16 June 2020, SEBI notified amendments to the SEBI(Infrastructure Investment Trusts) Regulations, 2014 and the SEBI(Real Estate Investment Trusts) Regulations, 2014. The amendments, inter alia, allow for de-classification of persons and entities as sponsors andinduction of new sponsors while also..
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Amendment to the Takeover Regulations
July 27, 2020 EDITORIAL TEAM - INSOL India
The following amendments have been introduced by SEBI to the Takeover Regulations: Regulation 3(2): Aproviso has been introduced in regulation 3(2) and is placedbefore the existing provisos with the new proviso reading as follows: “Provided that the acquisition beyond five percent but..