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  • Vaibhav Tripathi
  • img March 29, 2026
Appointment of Whole - Time Members of IBBI

Central Government appointed whole-time members of IBBI, including M. S. Sahoo, Navrang Saini, and Mukulita Vijayawargiy...

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  • Vaibhav Tripathi
  • img March 29, 2026
Provisions of Vol. Liquidation, IU and Cross-Border Insolvency came into force

Central Government notified 1 April 2017 as the commencement date for provisions including voluntary liquidation (Sectio...

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  • Vaibhav Tripathi
  • img March 29, 2026
Central Government notified 15 December 2016 as the commencement date for Sections 33–54 of the Inso...

Central Government notified 15 December 2016 as the commencement date for Sections 33–54 of the Insolvency and Bankruptc...

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  • Vaibhav Tripathi
  • img March 29, 2026
Notification regarding NCLT benches to exercise the jurisdiction,, powers and authority of the Adjud...

Central Government designated benches of the National Company Law Tribunal as Adjudicating Authorities under Part II of...

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  • Vaibhav Tripathi
  • img March 29, 2026
Provisions relating to Corporate Insolvency Resolution process notified

Central Government notified 1 December 2016 as the commencement date for key IBC provisions, including CIRP framework, a...

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  • Vaibhav Tripathi
  • img March 29, 2026
Provisions relating to Insolvency Professional Agencies.

Central Government notified 15 November 2016 as the commencement date for specified provisions of the Insolvency and Ban...

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  • Vaibhav Tripathi
  • img March 29, 2026
Provisions relating to powers and functions of IBBI.

Central Government notified 1 November 2016 as the commencement date for specified provisions of the Insolvency and Bank...

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  • Vaibhav Tripathi
  • img March 29, 2026
Establishment of IBBI and appointment of Chairperson.

Central Government appointed Madhu Sudan Sahoo as Chairperson of IBBI from 1 October 2016 for five years or until age 65...

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  • Vaibhav Tripathi
  • img March 29, 2026
Appointment of Ex officio members.

Central Government appointed ex-officio members of IBBI under Section 189, including nominees from Finance, MCA, Law Min...

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  • Vaibhav Tripathi
  • img March 29, 2026
IBBI (Salary, Allowances and other Terms and Conditions of Service of Chairperson and members) Rules...

Central Government notified rules governing salary, allowances, and service conditions of IBBI Chairperson and members,...

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  • Vaibhav Tripathi
  • img March 29, 2026
Provisions of Insolvency and Bankruptcy Code-Regarding

Central Government notified 19 August 2016 as the commencement date for specified provisions of the Insolvency and Bankr...

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  • Vaibhav Tripathi
  • img March 29, 2026
Provisions of Insolvency and Bankruptcy Code-Regarding.

Central Government notified 5 August 2016 as the commencement date for Sections 188 to 194 of the Insolvency and Bankrup...

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  • Vaibhav Tripathi
  • img March 28, 2026
Notification constituting the National Company Law Tribunal and National Company Law Appellate Tribu...

Central Government constituted NCLT and NCLAT under the Companies Act, 2013, effective 1 June 2016, to exercise adjudica...

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  • Vaibhav Tripathi
  • img March 28, 2026
Circular- Filing Forms to monitor insolvency resolution processes for Personal Guarantors to Corpora...

IBBI introduced electronic PGIRP forms (PGIRP-1 to PGIRP-6) for personal guarantor insolvency processes, mandating timel...

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  • Vaibhav Tripathi
  • img March 28, 2026
Launch of Revised Forms for Liquidation Process

IBBI introduced revised electronic LIQ forms (LIQ-1 to LIQ-4) effective January 2026, simplifying reporting, enabling mo...

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  • Vaibhav Tripathi
  • img March 28, 2026
Circular- Format for “Statement of Beneficial Ownership” and Affidavit under Regulation 38(3A) of th...

IBBI mandated inclusion of beneficial ownership statement and Section 32A eligibility affidavit in resolution plans, req...

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  • Vaibhav Tripathi
  • img March 28, 2026
Circular- Introduction of Modification Utility & Commencement of levy of fee for delayed filing of F...

IBBI introduced a modification utility for CP forms and imposed a ₹500 per month delay fee for late filings after 31 Dec...

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  • Vaibhav Tripathi
  • img March 28, 2026
Circular- Strengthening due diligence under Section 29A.

IBBI directed RPs to present a detailed Section 29A compliance note to CoC and record deliberations, strengthening due d...

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  • Vaibhav Tripathi
  • img March 28, 2026
Circular- Undertaking by IPs before Special Courts under PMLA

IBBI advised IPs to seek restitution of ED-attached assets under PMLA via Special Courts, with a standard undertaking en...

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  • Vaibhav Tripathi
  • img March 28, 2026
Circular- Withdrawal of Form IP-1 for assignments under IBC Processes

IBBI withdrew the requirement of filing Form IP-1 for all processes, following introduction of the Assignment Module and...

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