Tag Archives: professional

Commercial wisdom of CoC is not subject to adjudicating authority purview: SC

In a landmark ruling, the Supreme Court of India clarified that commercial wisdom of the committee of creditors is not subject to the adjudicating authority or the appellate authority’s purview under the Insolvency and Bankruptcy Code. “The NCLAT judgment which … Continue reading

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IBBI notifies Grievance and Complaint Handling Procedure Regulations 2017: Govt.

The Insolvency and Bankruptcy Board of India (IBBI) has notified the IBBI (Grievance and Complaint Handling Procedure) Regulations, 2017 in the Gazette of India on 7th December, 2017. The Regulations enable a Stakeholder, namely, debtor, creditor, claimant, service provider, resolution applicant or … Continue reading

Posted in Administrative Law, Banking Law, Company Law, Consumer Law, General Law, Insolvency & Bankruptcy Law, International Law, Notifications/Publications/Circulars | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Foreign Law/Accounting firms may work in SEZs: Govt.

Indian government has amended Special Economic Zones Rules, 2006 and in doing so may have allowed the entry of foreign law and accounting firms in these Special Economic Zones (“SEZ”). The Ministry of Commerce and Industry vide its Gazette notification … Continue reading

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Ministry of Corporate Affairs revises the Name Availability Guidelines, 2011

The Ministry of Corporate Affairs vide General Circular No. 7/2012 dated April 25, 2012 has revised the Name Availability Guidelines, 2011. The Circular shall be implemented effective May 20, 2012. (i) The facility of name approval through STP mode on … Continue reading

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