Nov 18, 20224 minPreliminary views cannot be considered voting instructions by the creditors: IBBIThe Disciplinary Committee (DC) of the IBBI on Tuesday held that the second proviso to Regulation 16A(9) of the CIRP Regulations states...
Nov 18, 20223 minSupreme Court to decide whether PMLA overrides IBC?The Supreme Court of India (SC) is anticipated to decide in the coming days whether the Prevention of Money Laundering Act, 2002 (PMLA)...
Nov 17, 20221 minReserve Bank of India Governor meets Public and Private Sector Banks' MDs and CEOsThe Governor, of the Reserve Bank of India (RBI), held meetings with the MD & CEOs of Public Sector Banks and certain Private Sector...
Nov 17, 20222 minNCLAT Delhi finds the non-speaking order of AA is a violation of the principle of natural justiceThe NCLAT held that the impugned order was in violation of the principle of natural justice because the impugned order was a non-speaking...
Nov 16, 20223 minAdjudicating Authority has no role in implementing the penal provisions of the Code: NCLAT New DelhiNCLAT, New Delhi held the Adjudicating Authority has no role in implementing the penal provisions of the Insolvency and Bankruptcy Code....