CIRP - Exemption from Regulatory fee, where the resolution plan ...

IBBI Amends 2023 Regulations: Real Estate Resolution Plans by Allottee Groups Exempt from Fees to Ease Financial Burdens.

July 26, 2023

Notifications Insolvency and Bankruptcy

CIRP - Exemption from Regulatory fee, where the resolution plan is submitted by the association or group of allottees in such real estate project - Insolvency and Bankruptcy Board of India (IBBI) (Insolvency Resolution Process for Corporate Persons) (Amendment) Regulations, 2023 - Notification

View Source

← Previous Next →

CIRP - Exemption from Regulatory fee, where the resolution plan ...

IBBI Amends 2023 Regulations: Real Estate Resolution Plans by Allottee Groups Exempt from Fees to Ease Financial Burdens.

July 26, 2023

Notifications Insolvency and Bankruptcy

You may also like:

IBBI amended regulations for corporate insolvency resolution process introducing key changes effective February 2025. New provisions mandate resolution professionals to...

IBBI amended Corporate Insolvency Resolution Process regulations introducing key changes for real estate projects and large creditor classes. Resolution professionals...

Resolution plan approved by CoC cannot be challenged by individual homebuyer/allottee. Homebuyers/allottees who paid money for real estate project, whether genuine or...

CIRP - Liability to pay transfer fee of 10% of the prevailing market value of the Kharagpur land - The court determines the validity of notices issued by the respondents...

NCLAT upheld CoC's decision to reject appellant's late resolution plan submission in CIRP proceedings. CoC had already initiated voting on three existing plans when...

Notification u/s 10(46) of IT Act 1961: Central Govt. notifies 'Real Estate Appellate Tribunal, Punjab' for specified income including fees under Real Estate (Regulation...

The appeals challenged the approval of Sarda Energy and Minerals Ltd.'s Resolution Plan, alleging material irregularities by the Resolution Professional (RP) and...

Approval of Resolution Plan - Resolution plan met with 66% criteria or not - In this case, even though the resolution plan of M/s. KALS Group has been approved with 100%...

The High Court held that the Execution Application filed by the Applicant against the Respondent does not survive due to the approved Resolution Plan under the...

The High Court held that once a resolution plan is approved u/s 31(1) of the Insolvency and Bankruptcy Code, 2016 (IBC), only the debts specified in the resolution plan...

Entitlement of Appellant(s)/ Applicant to be given a copy of Resolution Plan or any part of the Resolution Plan in the Appeal - When the right to Appeal on the ground...

Validity of Service of notice - e-voting of the Resolution Plan - The voting sheet enclosed with the material on record establishes that Regulation 26 of the IBBI...

Validity of Assessment Order u/s 143(3) once the Resolution Plan is approved under the Code - CIRP proceedings under IBC - The resolution plan approved by the NCLT is...

Approval of Resolution Plan - seeking success fees to the Resolution Professional - The ‘success fees’ which is more in the nature of contingency and speculative is not...

Withdrawal of Resolution Plan - resolution plan was approved by Committee of Creditors - the existing insolvency framework in India provides no scope for effecting...

Quick Updates: