TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Notifications
of of All Notifications
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>India Revises Insolvency Rules: New Roles, Conflict Prohibitions, Disclosure Mandates, and Form CIRP 8 for Better Transparency.</h1> The Insolvency and Bankruptcy Board of India issued the Second Amendment Regulations, 2021, to modify the Insolvency Resolution Process for Corporate Persons. Effective from the publication date, these amendments apply to ongoing and new corporate insolvency processes. Key changes include redefining roles of interim and resolution professionals, prohibiting conflicts of interest, mandating disclosure of corporate debtor name changes, and revising professional appointment procedures. The amendments also introduce Form CIRP 8 for reporting opinions and determinations, and update filing requirements and deadlines. These regulations aim to enhance transparency, accountability, and efficiency in the insolvency resolution process.
TaxTMI 
TaxTMI 
