Transaction value rejection requires reliable corroboration; refundable VAT is excluded and temporary registration does not defeat new-vehicle exempti...
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Written complaint requirement bars cognizance on police reports for securities offences, while unsupported breach of trust and cheating allegations fa...
IBBI prescribed standard formats for the insolvency resolution process for personal guarantors to corporate debtors under the amended 2019 Regulations. The circular specifies Form A for an insolvency professional's written consent to act as resolution professional, including declarations on registration, disciplinary status, eligibility, disclosures, and concurrent processes; Form B for a creditor's proof of claim, covering claim details, supporting documents, disputes, set-off, security, repayment-plan banking details, and forfeiture election by secured creditors; and Form C for a proxy authorising attendance and voting at creditors' meetings. The enclosed forms are to be used in the process as notified through circular.
IBBI prescribed standard formats for the insolvency resolution process for personal guarantors to corporate debtors under the amended 2019 Regulations. The circular specifies Form A for an insolvency professional's written consent to act as resolution professional, including declarations on registration, disciplinary status, eligibility, disclosures, and concurrent processes; Form B for a creditor's proof of claim, covering claim details, supporting documents, disputes, set-off, security, repayment-plan banking details, and forfeiture election by secured creditors; and Form C for a proxy authorising attendance and voting at creditors' meetings. The enclosed forms are to be used in the process as notified through circular.
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