The Insolvency and Bankruptcy Code, 2016 (Code) provides for a class of regulated professionals, namely, Insolvency Professionals (IP), who constitute one of the four key pillars of the insolvency regime, other three being the Adjudicating Authority,
Kind Attention of the MembersPayment of Membership Fee and Certificate of practice Fee for the year 2018-19We take the opportunity to request you to renew your membership with the Institute by remitting the annual membership/certificate of practice
Goods and Services Tax Rate and Policy Based on the various representations received from the trade and industry, the GST Council has recommended a number of measures pertaining to change in Goods and Services tax rate and policy including the GST ra
The Government is aware of instances where taxes are collected by many service providers, hoteliers, traders etc. from the customers but are not deposited in the Government’s account. Based on specific intelligence collected, detailed investiga
The Indian Institute of Insolvency Professionals of ICAI (IIIPI) is a Section 8 company established by the Institute of Chartered Accountants of India (ICAI). As an Insolvency Professional Agency (IPA) it is required to enroll, monitor and facilitate
Announcement of relevant legislative amendment applicable for May 2018 examination for Elective Paper 6D: Economic Laws Final (New Course)The November 2017 Edition of the Study Material on Final Paper 6D: Economic Laws contains amendments made uptil
Cases of adoption/attempt to adopt unfair means are reported in respect of the examinations held every time. In respect of the Examinations held in November 2017, over 90 cases of infringement/ violation of Instructions to Examinees, which tantamount
Resolution professional doesn’t require nod of shareholders/members for insolvency resolutionMinistry vide its circular no. IBC/01/2017 dated 25.10.2017 clarified that Section 30 and 31 of the Code provide a detailed procedure from the time of
The division of assesses between Centre and State is decided by the Centre and State Governments. GSTN got an application developed using which Central and State tax authorities have uploaded the data on allocation of migrated taxpayers in the GST Sy
9,073 cases are under consideration in NCLT, including 1,630 cases of Merger and Amalgamation; 2,511 cases of insolvency and 4,932 cases under other sections of Companies ActThe Company Law Board (CLB) set up under Companies Act 1956 stands dissolved
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