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...
The Insolvency and Bankruptcy Board of India has officially withdrawn the requirement for Insolvency Professionals to submit Form IP-1 for assignments under the Insolvency and Bankruptcy Code, 2016, effective immediately. This follows the earlier mandate to report appointments via the Assignment Module on the IBBI electronic portal and the introduction of a revised forms framework (CP-1 to CP-5) for CIRP processes, which replaced Form IP-1 as of June 1, 2025. The withdrawal, exercised under section 196 of the IBC, streamlines reporting obligations for Insolvency Professionals across all IBC processes, including CIRP, liquidation, voluntary liquidation, and personal guarantor insolvency proceedings.
The Insolvency and Bankruptcy Board of India has officially withdrawn the requirement for Insolvency Professionals to submit Form IP-1 for assignments under the Insolvency and Bankruptcy Code, 2016, effective immediately. This follows the earlier mandate to report appointments via the Assignment Module on the IBBI electronic portal and the introduction of a revised forms framework (CP-1 to CP-5) for CIRP processes, which replaced Form IP-1 as of June 1, 2025. The withdrawal, exercised under section 196 of the IBC, streamlines reporting obligations for Insolvency Professionals across all IBC processes, including CIRP, liquidation, voluntary liquidation, and personal guarantor insolvency proceedings.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
