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Tuesday, July 27, 2021

Corporate Insolvency

CORPORATE INSOLVENCY NEWS

IBBI amends norms: Resolution professional to provide opinion

July 22, 2021 12:27 am

Resolution professionals will be required to provide an opinion on whether the company has been subject to avoidance transactions within 75 days of the start of corporate insolvency resolution process (CIRP).

Corporate Insolvency — NCLAT Ruling: ‘Final plan okayed by CoC can’t be challenged by rejected bidders’

November 19, 2020 2:10 am

Hindustan Oil Exploration had objected to the implementation of Atyant Capital resolution plan, alleging that the latter had, in connivance with the CoC of JEKPL, changed the terms of the plan after it had been approved.