IBBI notifications 2016

Provisions relating to liquidation came into force

Notification regarding NCLT benches to exercise the jurisdiction,, powers and authority of the Adjudicating Authority under Part II of the Code

Provisions relating to Corporate Insolvency Resolution process notified

Provisions relating to Insolvency Professional Agencies.

Enforcement of Insolvency and Bankruptcy Code Provisions

The Central Government appoints November 1, 2016, as the date for certain sections of the Insolvency and Bankruptcy Code, 2016 to come into force.

Appointment of Ex Officio Members for Insolvency and Bankruptcy Board

The Central Government appoints four persons as ex-officio members of the Insolvency and Bankruptcy Board of India.

Establishment of IBBI and appointment of Chairperson.

IBBI Chairperson and Members Service Terms Rules, 2016

The Central Government sets the salary, allowances, and service terms for the Chairperson, whole-time members, and part-time members of the Insolvency and Bankruptcy Board of…

Enforcement of Specific Sections of the Insolvency and Bankruptcy Code

The Central Government appoints August 19, 2016, as the date on which specific provisions of the Insolvency and Bankruptcy Code, 2016 come into force.

Provisions of Insolvency and Bankruptcy Code-Regarding.

Notification constituting the National Company Law Tribunal and National Company Law Appellate Tribunal under Sections 408 and 410 respectively of the Companies Act, 2013