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Searching Content indexed under Insolvency/Bankruptcy/Re-structuring by Singh & Associates ordered by Published Date Descending.
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1
Case Note: Settlement For Repayment Between Builder And Buyer Is "Financial Debt"
The deduction of tax at source is a statutory obligation and the Income Tax Act does not make a classification as to the payment of interest.
India
27 Nov 2018
2
Insolvency Laws For Corporate Persons: Position Under Companies Act, 2013 Vis-À-Vis Insolvency & Bankruptcy Code, 2016
Thus, certain winding up proceedings will now be governed by the provisions of 2013 Act and certain under the Code.
India
27 Nov 2018
3
Liquidation Value Of The Asset In The Resolution Plan
After the submission of the valuers reports, the average of the two closest estimates shall be considered the liquidation value.
India
27 Nov 2018
4
Applicability Of Limitation To The Insolvency And Banruptcy Code, 2016
The Law of Limitation has been on the talks in context to whether it shall be applicable to the Insolvency and Bankruptcy Code, 2016 ("IBC, 2016") since its very beginning.
India
26 Nov 2018
5
Case Note: Moratorium Prohibits Invocation Of Corporate Guarantee Against Corporate Debtor
The Hon'ble Adjudicating Authority (National Company Law Tribunal, Principal Bench, New Delhi) in the case of Axis Bank Limited and Another v. Edu Smart Services Private Limited (decided on 27.10.2017) ...
India
26 Nov 2018
6
The Insolvency And Bankruptcy (Amendment) Ordinance, 2017
On 23th November 2017, the President of India has promulgated the Insolvency and Bankruptcy (Amendment) Ordinance, 2017 ("the Ordinance").
India
26 Nov 2018
7
Selecting A Resolution Plan – Discretionary Or Obligatory For Committee Of Creditors?
The Insolvency and Bankruptcy Code envisages that upon the Corporate Insolvency Resolution Process being triggered a moratorium is applicable on all proceedings against the Corporate Debtor ...
India
26 Nov 2018
8
IBC Amendment Ordinance – A Stitch In Time?
There was a significant jump witnessed in India's ease of doing business rankings last year and the Insolvency and Bankruptcy code ("the Code") was regarded as a key contributor in the jump.
India
3 Jul 2018
9
Amendment In Companies Act , 2013 vis a vis Insolvency And Bankruptcy Code, 2016
Section 53: Section 53 of Companies Act, 2013 deals with prohibition on issuance of shares at discount.
India
14 Feb 2018
10
Relaxation In The Provisions w.r.t Levy Of Minimum Alternate Tax (MAT)
The Central Board of Direct Taxes have issued a circular w.r.t relaxation of norms relating to Minimum Alternate Tax (MAT) for the Corporate Debtors against whom the Corporate Insolvency Resolution Process (CIRP) has been initiated...
India
14 Feb 2018
11
Circular No. IP/004/2018 On Fees Payable To An Insolvency Professional And To Other Professionals Appointed An Insolvency Professional
The fees w.r.t other professionals appointed by Insolvency Resolution Professional shall not form part of the insolvency resolution process cost.
India
14 Feb 2018
12
Circular No. IP/003/2018 On Insolvency Professional Not To Outsource His Responsibilities
This requirement amounts to outsourcing responsibilities of an insolvency professional to another person.
India
14 Feb 2018
13
Circular No. IP/002/2018 On Insolvency Professional To Ensure Compliance With Provision Of The Applicable Laws
An Insolvency Professional shall exercise reasonable care and diligence and take all necessary steps to ensure that the corporate person undergoing any process under the Code complies with the applicable laws.
India
14 Feb 2018
14
Circular No. IP/001/2018 On Insolvency Professional To Use Registration Number And Registered Address In All His Communication
On 3rd January 2018, the Board has directed that the Insolvency Professional in all his communications, whether by way of public announcement or otherwise to a stakeholder or to an authority, shall prominently state...
India
14 Feb 2018
15
Amendment To Insolvency Resolution Process For Corporate Persons Regulation, 2016
On 31st December 2017, The Insolvency and Bankruptcy Board of India ("IBBI/the Board") has amended Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016.
India
14 Feb 2018
16
Is The Supply Of Essential Goods Or Services During Moratorium Period Needs To Be Without Any Charges?
Section 14(2) of the Insolvency and Bankruptcy Code, 2016 (I&B Code 2016) provides that during the moratorium period the supply of essential goods or services ...
India
6 Feb 2018
17
No Bar To Initiate Proceedings Under IBC Pending Winding Up Proceedings In High Court
Recently, the Hon'ble High court of Bombay in the Company Application1 made in Company Petition No. 434 of 20152 ...
India
5 Feb 2018
18
Section 30(4) Conundrum: Divergent : Divergent Views Taken By NCLT Mumbai And NCLT Hyderabad Bench
Section 30 (4) of the Insolvency and Bankruptcy Code that deals with Submission of resolution plan is in the midst of spotlight because of opposite views taken by Adjudicating Authority at Mumbai, NCLT Mumbai...
India
5 Feb 2018
19
Effect Of Settlement Between The Parties After Admission Of Application Under IBC Code: An Update
Going forward from the write-up on the subject-topic4 we hereby discuss recent judgments thereafter on the issue of what happens to the proceedings initiated... under Insolvency & Bankruptcy Code 2016
India
5 Feb 2018
20
Regulatory Updates
On 31st December 2017, The Insolvency and Bankruptcy Board of India ("IBBI/the Board") has amended Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016.
India
5 Feb 2018
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