Web24 mrt. 2024 · Now, the initiation of a CIRP proceeding will be akin to a new birth to the company, at least for GST purposes. Therefore, irrespective of whether the revival process succeeds or not, at least for GST purposes, the entity becomes clean-slate entity. This is the result of the new GST rule announced on 21 st March, 2024. Web10 aug. 2024 · As on 30th June 2024, 4,540 companies were admitted into Corporate Insolvency Resolution Process (CIRP) under Insolvency and Bankruptcy Code, 2016 (IBC). This was stated by Union Minister of State for Corporate Affairs Shri Rao Inderjit Singh in a written reply to a question in Rajya Sabha today.
In five years of IBC regime, lenders took 61% haircut on claims, …
Web1 aug. 2024 · Listed Company Related. In case of listed companies, the company proposing a capital reduction must file the necessary documents with the Stock Exchanges for the approval of the Stock Exchanges as well as SEBI as provided under Regulation 37 of SEBI (LODR) Regulation, 2015, r.w. SEBI circular no. CFD/DIL3/CIR/2024/21 of … http://www.lawstreetindia.com/experts/column?sid=314 label tom and jerry ukuran kecil
NCLT grants 90 days extension to Future Retail for concluding ...
Web1 dag geleden · The High Court of Karnataka granted an interim stay on the CIRP for a period of three weeks amidst a loan default controversy. The CIRP was started by the NCLT after the company defaulted on loan repayments to Indiabulls Housing Finance Limited, which had sanctioned a loan of Rs. 579,20,00,290/- for the development of projects such … WebThe provisions aim to protect the interests of creditors of a company which is under CIRP while also completing the insolvency resolution process in a timely way. Before getting into the admissibility of claims, a clear understanding of what claims is has to be present.The term "claim" is defined under section 3 (6) of the code. WebThis has reference to earlier intimation dated 19th July, 2024 regarding admission of application for initiation of Corporate Insolvency Resolution Process (CIRP) under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC) by the Hon''ble National Company Law Tribunal (NCLT), Kolkata Bench and subsequent appointment of Interim Resolution … label tom and jerry ukuran 126