Alternative statutory remedy and unexplained delay barred writ review of customs confiscation adjudication, leaving merits for appellate consideration...
Authorised courier due diligence protects against penalties where declared exports conceal prohibited goods despite proper documentation and customs p...
Customs-controlled container movement now extends to DP World facilities, subject to segregation, inspections, reconciliation, and EXIM cargo priority...
IBBI amended the Model Bye-Laws and Governing Board of Insolvency Professional Agencies Regulations through notification dated January 28, 2025. The amendment modifies time periods in para VI, clause 12A of the Schedule. The period in proviso to sub-clause (3) is extended from forty-five days to ninety days. Similarly, in sub-clause (5), the timeline is increased from fifteen days to ninety days. These modifications to the 2016 regulations became effective upon official gazette publication. The amendment follows previous changes made through regulations notified on January 31, 2024, exercising powers under sections 196, 204, and 205 read with section 240 of IBC, 2016.
IBBI amended the Model Bye-Laws and Governing Board of Insolvency Professional Agencies Regulations through notification dated January 28, 2025. The amendment modifies time periods in para VI, clause 12A of the Schedule. The period in proviso to sub-clause (3) is extended from forty-five days to ninety days. Similarly, in sub-clause (5), the timeline is increased from fifteen days to ninety days. These modifications to the 2016 regulations became effective upon official gazette publication. The amendment follows previous changes made through regulations notified on January 31, 2024, exercising powers under sections 196, 204, and 205 read with section 240 of IBC, 2016.
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