Bona fide disclosure requirements govern under-reporting penalties, and post-penalty immunity applications cannot secure available statutory protectio...
Certificate-of-origin verification procedure governs preferential customs benefits; denial without retroactive verification was set aside with consequ...
Disciplinary Committee jurisdiction and mandatory investigation requirements invalidated cancellation of an insolvency professional's registration and...
Retention of seized property survives where recorded reasons support proceeds of crime, while stayed investigation periods are excluded from limitatio...
The Insolvency and Bankruptcy Board of India (IBBI) has extended the deadline for liquidators to file forms related to liquidation and voluntary liquidation processes under the Insolvency and Bankruptcy Code, 2016, and its regulations until December 31, 2024. The previous deadlines of September 30, 2024, and November 30, 2024, were extended due to representations from liquidators and Insolvency Professional Agencies citing technical issues and difficulties in form submission. For ongoing cases, the responsibility for filing forms lies with the Insolvency Professionals currently handling the process. In cases where an application for closure or dissolution has been filed or an order has been passed, the Insolvency Professional under whose tenure the application was filed or the order was passed is responsible for filing all forms related to that case.
The Insolvency and Bankruptcy Board of India (IBBI) has extended the deadline for liquidators to file forms related to liquidation and voluntary liquidation processes under the Insolvency and Bankruptcy Code, 2016, and its regulations until December 31, 2024. The previous deadlines of September 30, 2024, and November 30, 2024, were extended due to representations from liquidators and Insolvency Professional Agencies citing technical issues and difficulties in form submission. For ongoing cases, the responsibility for filing forms lies with the Insolvency Professionals currently handling the process. In cases where an application for closure or dissolution has been filed or an order has been passed, the Insolvency Professional under whose tenure the application was filed or the order was passed is responsible for filing all forms related to that case.
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