New Delhi: IBBI has issued fresh guidelines for the empanelment of insolvency professionals to enable quick appointments in corporate insolvency and bankruptcy cases.These guidelines provide the procedure for preparing a panel of insolvency professionals (IPs) to act as Interim Resolution Professionals (IRPs), liquidators, resolution professionals (RPs) and bankruptcy trustees (BT). In a circular on Monday,…
The Insolvency and Bankruptcy Board of India (IBBI) has introduced fresh guidelines for empanelment of insolvency professionals to streamline and speed up appointments in corporate insolvency and bankruptcy proceedings, PTI reported.The revised framework lays down procedures for preparing a panel of insolvency professionals (IPs) who can serve as Interim Resolution Professionals (IRPs), Resolution Professionals (RPs),…
IBBI issues new guidelines to speed up appointment of insolvency professionals MSN Read the original article here
More than 8,800 Corporate Insolvency Resolution Processes (CIRPs) had been admitted under the Insolvency and Bankruptcy Code (IBC) till December 2025, with creditors realising over Rs 4.11 lakh crore through approved resolution plans, Financial Services Secretary M Nagaraju said on Tuesday, PTI reported.More than 4,000 corporate debtors have also been rescued through resolution, settlements, withdrawals…
Sanco Industries Discloses Non-Large Corporate Status and Completes Insolvency Resolution Process scanx.trade Read the original article here
IBBI has issued fresh guidelines for the empanelment of insolvency professionals to enable quick appointments in corporate insolvency and bankruptcy cases. These guidelines provide the procedure for preparing a panel of insolvency professionals (IPs) to act as Interim Resolution Professionals (IRPs), liquidators, resolution professionals (RPs) and bankruptcy trustees (BT). In a circular on Monday, applicants…
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Three Ubco companies in liquidation owing over $35m BusinessDesk | NZ Read the original article here
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