The IBBI has amended the IBC (Fast Track Insolvency Resolution Process for Corporate Persons) Regulations, 2017, to introduce the much needed concept of ‘Fair Value’. (Read Here) The newly introduced concept will add quality and value to the Resolution Process… Read More ›
Month: February 2018
NCLAT – Corporate Insolvency Resolution Process cannot be initiated against a company if winding-up process already initiated by High Court.
In a judgment passed by the National Company Law Appellate Tribunal, on 02.02.2018, it is now clarified that the Corporate Insolvency Resolution Process cannot be initiated against a company if winding-up process has already been initiated by High Court. The… Read More ›