Rectification of mistake remains limited to self-evident record errors, preventing merits review through miscellaneous applications and preserving fin...
Tender creditworthiness conditions may extend to de facto Promoter Directors, with post-participation challenges generally barred absent arbitrariness...
Corporate representation in PMLA summons proceedings permitted through an authorised signatory, subject to directors' continuing cooperation and atten...
Helicopter charter classification requires effective control analysis, while territorial performance, reasoned credit orders and wilful suppression de...
Specified fund definition expands PAN exemption eligibility for registered alternative investment funds and qualifying International Financial Service...
Tax exemption for specified legal-services authority income applies retrospectively, subject to non-commercial activity, unchanged income sources, and...
The Insolvency and Bankruptcy Board of India (IBBI) has directed all Registered Insolvency Professionals to upload specific judicial orders related to insolvency proceedings on their dashboard. This includes orders from NCLT/NCLAT such as admission, resolution plan approval, closure, stay, liquidation, dissolution, and final orders. For Supreme Court and High Court orders, all relevant orders must be uploaded, especially those involving IBBI/Ministry of Corporate Affairs or significant Code-related issues. IPs must upload these orders after downloading from official judicial websites, exercising caution. The directive is issued u/s 196 of the Code to enhance stakeholder facilitation in the IBC ecosystem.
The Insolvency and Bankruptcy Board of India (IBBI) has directed all Registered Insolvency Professionals to upload specific judicial orders related to insolvency proceedings on their dashboard. This includes orders from NCLT/NCLAT such as admission, resolution plan approval, closure, stay, liquidation, dissolution, and final orders. For Supreme Court and High Court orders, all relevant orders must be uploaded, especially those involving IBBI/Ministry of Corporate Affairs or significant Code-related issues. IPs must upload these orders after downloading from official judicial websites, exercising caution. The directive is issued u/s 196 of the Code to enhance stakeholder facilitation in the IBC ecosystem.
Note: It is a system-generated summary and is for quick reference only.