TaxTMI 
TaxTMI 
Re-Constitution of Insolvency Law Committee as Standinq Committee for review of implementation of Insolvency & Bankruptcy Code, 2016
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.... ORDER Subject: - Re-Constitution of Insolvency Law Committee as Standing Committee for review of implementation of Insolvency & Bankruptcy Code, 2016 The provisions relating to insolvency resolution for corporate persons (Part II of the Insolvency and Bankruptcy Code, 2016), regulation of insolvency professionals, agencies, information utilities and establishment of the Insolve....
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....orporate liquidation process and to address new issues viz cross border insolvency, individual insolvency, group insolvency, avoidance action, Boards investigation powers & regulatory functions etc, it was considered prudent to have an advisory body for guidance & stakeholders consultations on the issues of implementation of code on continuous basis. 3.. Accordingly, in supersession of the Orde....
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....Member 9. Sh. Shardul Shroff, Executive Chairman, Shardul Amarchand Mangaldas & Co. Member 10. Sh. Bahram Vakil, Partner, AZB & Partners Member 11. President, Institute of Chartered Accountants of India (Vice-President in his/her absence) Member 12. President, Institute of Cost Accountants of India Vice-President in his/her absence Member 13. P....
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....ing Committee may also invite or co-opt practitioners, experts (subject specific) who have knowledge or experience of insolvency framework, law and economics and representatives from other regulators or Ministries. The Committee may also consult other stakeholders as part of its deliberations. 5. The non-official members of the Committee shall be eligible for travelling, conveyance ....