Ashish Makhija
33 posts
Bankruptcy, Directors, Financial Creditor, Financial Creditors, IBBI, IBC, IBC 2016, Insolvency, Insolvency & Bankruptcy Board of India, Insolvency & Bankruptcy Code, Insolvency and Bankruptcy Code 2016, Insolvency professional, Insolvency Professional Entity, National Company Law Appellate Tribunal, National Company Law Tribunal, NCLAT, NCLT, Operational Creditors
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The Insolvency and Bankruptcy Second Amendment Bill, 2018 provides for a fundamental change in the insolvency commencement date (ICD) of Corporate Insolvency Resolution Process (CIRP). Presently ICD commences on the…
Read More THIRD AMENDMENT IN CIRP REGULATIONS – A CASE OF OVERSTEPPING BY IBBI
Bankruptcy, Financial Creditor, Financial Creditors, Home buyers, IBBI, IBC, IBC 2016, Insolvency, Insolvency & Bankruptcy Board of India, Insolvency & Bankruptcy Code, Insolvency and Bankruptcy Code 2016, Insolvency professional, Insolvency Professional Entity, National Company Law Appellate Tribunal, National Company Law Tribunal, NCLAT, NCLT, Operational Creditors
[Updated after passage of Insolvency and Bankruptcy (Second Amendment) Act, 2018] Since its introduction, the Insolvency and Bankruptcy Code, 2016 (Code) has ruffled feathers amongst the Indian corporate sector. Original…
Read More To Empanel or Not To Empanel – Confusion Confounds!
Financial Creditor, Financial Creditors, IBBI, IBC, IBC 2016, Insolvency, Insolvency & Bankruptcy Board of India, Insolvency & Bankruptcy Code, Insolvency and Bankruptcy Code 2016, Insolvency professional, Insolvency Professional Entity, National Company Law Appellate Tribunal, National Company Law Tribunal, NCLAT, NCLT
The Insolvency professionals are in a dilemma. The banks and financial institutions are creating a panel of their own to select insolvency professionals to be appointed as Interim Resolution Professional…
Read More More Hits than Misses – Critical Analysis of India’s Insolvency & Bankruptcy Ordinance, 2018
Bankruptcy, Financial Creditors, Home buyers, IBBI, IBC, IBC 2016, Insolvency, Insolvency & Bankruptcy Board of India, Insolvency & Bankruptcy Code, Insolvency and Bankruptcy Code 2016, Insolvency professional, Insolvency Professional Entity, National Company Law Appellate Tribunal, National Company Law Tribunal, NCLAT, NCLT, Operational Creditors, Personal Guarantor, Related Party
Second Ordinance in Six Months The Indian Insolvency law is shedding its infancy sooner than expected. In a span of little over six months, the President has promulgated the second…
Read More Multinational Network CA Firms Caught on the Wrong Foot
The Chartered Accountant Firms in India having a network, association and simply being a member of an Association of Global Chartered Accountancy Network are caught on the wrong foot. The…
Read More Status of Personal Guarantor After Discharging debt of Corporate Debtor under IBC?
The Article analyses the position of a personal guarantor or surety who pays the debt of the corporate debtor to the financial creditor, and in particular whether the personal gurantor…
Read More #IBBI – Changing Rules of the Game Midway
April 1 is traditionally a day of practical jokes or hoaxes or harmless pranks. Looks like, for IBBI, April 1 is a day of teaching some hard lessons to aspiring…
Read More # Key Issues under IBC – Should IRP/RP consider interest while verifying and admitting the claims of creditors?
As regards financial creditors, the IRP/RP should take into account the interest claimed as per the terms of the loan agreement including penal interest, if any upto the insolvency commencement…
Read More Economics of Corporate Survival and Theory of Governance Gap vis-à-vis the Companies (Amendment) Act, 2017
Economics of Corporate Survival and Theory of Governance Gap vis-à-vis the Companies (Amendment) Act, 2017
Read More Recent Posts
- NCLT Knocks Out 137 Days from CIRP
- Fundamental Change in Insolvency Commencement Date – Ambivalent Thinking
- THIRD AMENDMENT IN CIRP REGULATIONS – A CASE OF OVERSTEPPING BY IBBI
- To Empanel or Not To Empanel – Confusion Confounds!
- More Hits than Misses – Critical Analysis of India’s Insolvency & Bankruptcy Ordinance, 2018
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