In the event of liquidation of company, whether company liquidator has power to make transaction void if the company giving preference to some of his creditor in making payment during previous 2 financial year ? Is there any exception?
Click here to view / answer Share it onWhat is the difference between official liquidator or Company liquidator?
whelther interim resolution professional or resolution professional have same power ?
The National Company Law Tribunal (NCLT) has initiated insolvency proceedings against McDowell Holdings Ltd and appointed an interim resolution professional. The Bengaluru Bench of NCLT admitted the plea filed by Sun Star Hotels and Estate Pvt Ltd, a financial creditor of the erstwhile Vijay Mallya-promoted company, claiming default of Rs 16.80 crore. he insolvency tribunal has also appointed KR Raju as the interim resolution professional of the company in its order passed on April 8, 2022.
Can anyone do share the more details about the case.?
Dear Sir/Madam,
We want to know the current status and download all the documents relating to the company which is under insolvency and the resolution professional is already appointed a few months back.
We searched the website of NCLT and IBC but were unable to get any clue regarding the above.
Kindly provide the steps for the same.
Dear Professional,
As per circular dated 06/03/2020 regarding filing of necessary forms by Insolvency Professional appointed under Insolvency Bankruptcy Code, 2016, Pls confirm that if the status of the Company is under CIRP, thenm do we need to file INC -28 and do execute annual filing.
Pls confirm if anyone has filed the same or not.
What is the Insolvency and Bankruptcy code (IBC), what is the process for the proceedings and the role of the National Company Law Tribunal?
Click here to view / answer Share it onDear Friends,
I am filing MGT-7 for a Company which was under Insolvency in 2018-19 and all meetings were done by RP.
There were no meetings called by Directors. Further it came out of Insolvency in August, 2019 and obtained extension of AGM Order.
Now I am filing form MGT-7, How do I fill the section of Board Meetings.
Dear Friends,
I am filing MGT-7 for a Company which was under Insolvency in 2018-19 and all meetings were done by RP.
There were no meetings called by Directors. Further it came out of Insolvency in August, 2019 and obtained extension of AGM Order.
Now I am filing form MGT-7, How do I fill the section of Board Meetings.
Dear all,
We want to incorporate Insolvency Professionals LLP. How to get PRIOR approval of IBBI - Insolvency and Bankruptcy Board of India in this case? Please share me the procedure for the same
Dear Members,
Good Morning!
Please tell me the applicability of provisions of liquidation and insolvency to a corporate person under IBC, 2016.
Dear Members,
Good Morning!
Please tell me the procedure to raise a complaint against an Insolvency
professional agency or its member or an information utility registered under IBC, 2016.
Can a person modify the information submitted to Information
Utility?