Articles by CS Peer mehboob

IBBI's New Proposal: Streamlining MSME Resolution with Registration and Disclosure Reforms

Posted by CS Peer mehboob 28 August 2024 188 Views

On August 23, 2024, the Insolvency and Bankruptcy Board of India (IBBI) introduced a discussion paper proposing crucial amendments to the IBBI(Corporate Insolvency Resolution Process) Regulations, 2017 (CIRP Regulations).

IBBI Mandates Unique ID for Valuation Reports Under IBC

Posted by CS Peer mehboob 13 August 2024 372 Views

In a significant regulatory development, the Insolvency and Bankruptcy Board of India (IBBI) has introduced a new mandate that requires all valuation reports under the Insolvency and Bankruptcy Code (IBC), 2016, to include a unique Valuation Report Identification Number (VRIN).

Environmental Concerns in the IBC Framework

Posted by CS Peer mehboob 03 May 2024 286 Views

As per the reports, Government is contemplating to bring changes in the Insolvency and Bankruptcy Code to address this crucial issue.

Expert Committee Proposes Voluntary Mediation in IBC Processes

Posted by CS Peer mehboob 16 February 2024 375 Views

On February 14, 2024, the Insolvency and Bankruptcy Board of India (IBBI) released a report recommending a voluntary mediation framework for various IBC processes. The expert committee, led by Dr. T. K. Viswanathan, explored the feasibility of integrating mediation into the IBC system.

Committee of Creditors: An Institution of Public Faith under the Insolvency and Bankruptcy Code

Posted by CS Peer mehboob 20 January 2024 515 Views

This article delves into the provisions of the IBC to explore the crucial role of the CoC and its inherent need for ethical conduct.

Clash of Claims: How Mobilox v. Kirusa Reshaped India's Insolvency Landscape?

Posted by CS Peer mehboob 19 January 2024 925 Views

In the bustling world of Indian business, the Insolvency and Bankruptcy Code (IBC) acts as a vital safety net, offering distressed companies a chance to restructure and bounce back.

Supremacy Sealed: Unveiling the Impact of Innoventive Industries vs. ICICI Bank on India's Bankruptcy Landscape

Posted by CS Peer mehboob 17 January 2024 643 Views

In the intricate world of Indian business, distressed companies often stand at a crossroads, desperately seeking pathways to restructure and rise again. But what happens when conflicting legal paths emerge, throwing both companies and creditors into a labyrinth of uncertainty?

Key highlights of Report on Group Insolvency

Posted by CS Peer mehboob 21 December 2023 2174 Views

IBC does not explicitly provides for dealing with cases of group insolvency. However, the Adjudicating Authority (AA) at several occasions, has attempted to consolidate the insolvency resolution processes of such companies because of the higher possibility of revival and better value realization.

IBBI's proposals for Real Estate Insolvency: An Impact Analysis

Posted by CS Peer mehboob 01 December 2023 2450 Views

This article aims to analyze the impact of the changes proposed by IBBI.

Concepts of Taxes in India - A Snapshot

Posted by CS Peer mehboob 15 November 2023 1260 Views

The Government takes primary responsibilities for the welfare of its citizens, as in the matters of health, education, employment, infrastructure, social security and other developmental needs.