Preliminary reassessment proceedings generally require statutory remedies unless jurisdiction is wholly absent or mandatory conditions are patently br...
Agricultural land classification requires cumulative factual indicators, while industrial-purpose land and absent agricultural use defeat reinvestment...
The IBBI has issued a notification amending the Insolvency Resolution Process for Corporate Persons Regulations, 2016, specifically modifying Schedule-I, Form H (Compliance Certificate). The amendment introduces a comprehensive template for resolution professionals to provide detailed information about the corporate insolvency resolution process (CIRP), including key dates, resolution plan details, stakeholder information, realisable amounts, and compliance with various legal provisions. The new form requires extensive documentation and certification of compliance with IBC regulations, ensuring greater transparency and standardization in the insolvency resolution process. The amendment takes effect from the date of its publication in the Official Gazette.
The IBBI has issued a notification amending the Insolvency Resolution Process for Corporate Persons Regulations, 2016, specifically modifying Schedule-I, Form H (Compliance Certificate). The amendment introduces a comprehensive template for resolution professionals to provide detailed information about the corporate insolvency resolution process (CIRP), including key dates, resolution plan details, stakeholder information, realisable amounts, and compliance with various legal provisions. The new form requires extensive documentation and certification of compliance with IBC regulations, ensuring greater transparency and standardization in the insolvency resolution process. The amendment takes effect from the date of its publication in the Official Gazette.
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