Important clarification on liquidators’ fee
The Insolvency and Bankruptcy Board of India (IBBI) has clarified that in case where a liquidator realizes any amount but...
Day: August 5, 2020
In a first, NCLT allows sale of assets attached by ED
The Kolkata Bench of the National Company Law Tribunal (NCLT) has recently allowed the liquidator to sell Varrsana Ispat Limited’s...
Special insolvency framework for MSMEs seeks shorter timeline, more control to debtors
The government has sometimes back announced a special framework under the Insolvency and Bankruptcy Code (IBC) for MSME sector. The...