Cos under voluntary liquidation can replace liquidator
The Insolvency and Bankruptcy Board of India (IBBI) has amended the Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process)...
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...
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...
Should IBBI levy fee on an annual remuneration basis?
Should the Insolvency and Bankruptcy Board of India (IBBI) be charging fee on the basis of the annual remuneration or...