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Insolvency regulator IBBI issues FAQs on IBC

The Insolvency and Bankruptcy Board of India, in association with the Committee on Insolvency & Bankruptcy Code, Institute of Chartered Accountants of India (ICAI), released a publication titled “Frequently Asked…

Insolvency and Bankruptcy Board of India amends the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016

9th February, 2022 Press Release The Insolvency and Bankruptcy Board of India (IBBI/Board) notified the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Amendment) Regulations, 2016…

Judgement on Corpus Fund

Application No IA 1651 of 2020 In CP (IB) 1765/MB/C-II/2018 Applicant Resolution Professional Respondent Union Bank of India & Ors. Subject Under Section 60 (5) of the Insolvency and Bankruptcy…

Communique Newsletter – Volume 1.3

8.2.2022 Newsletter : https://drive.google.com/file/d/1DrLb3WGC18hnRrgi0k9-WOwyUromxZr9/view?usp=sharing

What is digital rupee? And how will it work?

SynopsisCBDC is a digital or virtual currency but is not comparable to the private virtual currencies that have mushroomed over the last decade. Union finance minister Nirmala Sitharaman has announced…

IBBI plans to reduce timelines under voluntary liquidation process.

Synopsis“The proposed amendments by curtailing the unwarranted time spent on various activities aim to ensure early completion of voluntary liquidation process, thereby, provide quicker exit for the corporate person, release…

RBI Cautions against unauthorised forex trading platforms

February 03, 2022 The Reserve Bank of India (RBI) has noticed misleading advertisements of unauthorised Electronic Trading Platforms (ETPs) offering forex trading facilities to Indian residents, including on social media…

Judgement on lien of FD by banks for recovery of pre-cirp dues

Subject Insolvency and Bankruptcy Code, 2016 Case Kotak Mahindra Bank Limited Vs. Ravindra Loonkar, RP of ACIL LtdCorporate Debtor: ACIL Ltd Tribunal NCLAT New Delhi Summary: No recovery action in…

RVKS And Associates – Highlights of Union Budget 2022

FOUR PRIORITIES IN UNION BUDGET 2022 PM GatiSakthi Inclusive Development Productivity Enhancement and Investment, Sunrise Opportunities, Energy Transition and Climate Action Financing of Investments To Read More…Click the link below……

HIGHLIGHTS OF THE UNION BUDGET 2022-23

Posted On: 01 FEB 2022 1:18PM by PIB Delhi The Union Budget seeks to complement macro-economic level growth with a focus on micro-economic level all inclusive welfare. The Union Minister…