IBBI removes curbs on IP, RP of corporate debtor handling CIRP of personal guarantor
The Insolvency and Bankruptcy Board of India (IBBI) has amended the rules to remove the restrictions on an insolvency professional...
Insolvency Professional
Resolution professional of corporate debtor can also get appointed as RP in case of personal guarantors
The insolvency regulator has proposed that Interim Resolution professional (IRP), resolution professional (RP) or liquidator of a corporate debtor (CD)...
ILA sets up Emerging Scholars Group for research in insolvency, bankruptcy
Insolvency Law Academy, an independent think tank and research institution of insolvency, has set up Emerging Scholars Group (ESG), a...
Insolvency regulator revises fees for insolvency professionals, IPEs
The insolvency regulator -- Insolvency and Bankruptcy Board of India -- has recently effected revisionof existing fee structure along with...
Ten is too many assignments as resolution professional, five at a time is enough?
The Insolvency and Bankruptcy Board of India, the insolvency regulator, has amended the law to put a cap on the...
IRP/RPs can appoint any professional for assistance in insolvency proceedings
A resolution professional conducting corporate insolvency resolution process (CIRP) will have to disclose all former names and registered office address(es)...
Insolvency Professional must keep records of CIRP safe for 8 years
An Insolvency Professional (IP) should preserve copies of records generated in electronic form for a minimum period of eight years,...
On what parameters should an insolvency professional be judged? Here are some views
It has been more than four years since the Insolvency and Bankruptcy Code (IBC) came into existence. And during these...
IBBI moots IT platforms to help insolvency professionals work efficiently
The Insolvency and Bankruptcy Board of India (IBBI) is now planning IT platforms – Platforms for Distressed Assets (PDAs) –...
Mamta Binani: Baptism by Fire
Mamta Binani, an insolvency professional, lawyer and a company secretary, may have earned many laurels in her illustrious career –...