INSOLVENCY AND BANKRUPTCY CODE

IBBIto Launches 3rd National Online Quiz On Insolvency And Bankruptcy Code 2016

As part of the ongoing ‘Azadi Ka Amrit Mahotsav’ celebrations, the Insolvency and Bankruptcy Board of India (IBBI) in collaboration with MyGov.in and BSE Investors’ Protection Fund is conducting the ‘3rd National Online Quiz on Insolvency and Bankruptcy Code, 2016’, to promote awareness and understanding of the Code among various stakeholders, across the country. The …

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OYO – Insolvency – Admitted by NCLT

OYO – Insolvency – Admitted by NCLT

Application for Corporate Insolvency Resolution Process against OYO Hotels and Homes Pvt Ltd. was filed u/s 7 of IBC,2016 (Amended 2019) Admitted by – NCLT Default Amount – Rs. 16 lakhs Applicant (Financial Creditor) – Rakesh Yadav Proposed Interim Resolution Professional – Keyur Jagdishbhai Shah Insolvency commencement date – 01 April 2021 Claims Submission due …

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Parliament passes Insolvency and Bankruptcy Code (Second Amendment) Bill, 2020

Parliament passed the Insolvency and Bankruptcy Code (Second Amendment) Bill, 2020, with Lok Sabha passing it with a voice vote today. Earlier, Rajya Sabha had passed the bill on Saturday. The bill amends the Insolvency and Bankruptcy Code, 2016 which provides a time bound process for resolving insolvency in companies and also among individuals. The …

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