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Tag Archive for "insolvency-bankruptcy-board-of-india" -

CentrikBlogsInsolvency & Bankruptcy Board of India

Tag: Insolvency & Bankruptcy Board of India

Service of Advance Copy of Applications to IBBI for Initiating CIRP under IBBI Rules, 2016

Posted by hritik9484Posted on March 22, 2023March 24, 20230 CommentsCategories Authentic Legal Advice, Corporate Litigation-All In Way, Debt Recovery Management, Insolvency & Bankruptcy Code 2016, Legal AdvisoryTags Application by Corporate Applicant under IBC, Application by Financial Creditor under Section 7 of IBC, Application by Operational Creditors, filing of Applications under the Insolvency and Bankruptcy Code, Insolvency & Bankruptcy Board of India, Procedure to file an Application to initiate CIRP to IBBI

the advance copy of the Application for initiating CIRP under Section 7, Section 9, or Section 10 of IBC, 2016 needs to be served to the Insolvency & Bankruptcy Board of India.

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NCLT: Voting Threshold in IBC is directive in nature

Posted by Adv. VaishnaviPosted on October 4, 2018November 3, 20180 CommentsCategories RERA ConsultingTags Appointment of IRP, Committee of Creditors, Insolvency & Bankruptcy Board of India, NCLT and IBC, RERA and IBC, Voting Threshold in IBC is directive in nature

The NCLT ordered appointment of IRP even though only 50% voting was in favor of the appointment however the requirement is 66% as per the IBC laws.

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