IBC Updates

Under Section 239(2)(zd), read with section 189(5) of the Insolvency and Bankruptcy Code, 2016, the

1. Will take action against firms such as Liberty House said the NCLAT   The National

1. IBC Section 29A needs more clarity, says SBI’s Rajnish Kumar State Bank of India (SBI)

  1. IBC: NCLT To Announce Decision On Maintainability Of Essar Steel Asia’s Bid On Jan.

Two years of insolvency and Bankruptcy Code (IBC) Link: https://ibbi.gov.in/webadmin/pdf/whatsnew/2019/Jan/Two%20years%20of%20insolvency%20and%20Bankruptcy%20Code%20(IBC)%20_%20Facebook_2019-01-03%2015:32:48.pdf

1.  Invitation of Expression of Interest from Prospective Eligible Institutions for Conducting Graduate Insolvency Programme

Consulate General of India New York Conference on Insolvency and Bankruptcy Code- A New Paradigm

Insolvency Professionals to act as Interim Resolution Professionals and Liquidators (Recommendation) (Second) Guidelines, 2018 Link

1.  IBBI invites Suggestions and Comments on Draft Specimen: a. Information Memorandum b. Evaluation Matrix

1. Delays beyond 270 days at NCLT cost banks Rs 4,000 cr in Link : https://www.business-standard.com/article/pti-stories/delays-beyond-270-days-at-nclt-cost-banks-rs-4-000-cr-in-118111201456_1.html 2. Duff