Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Definitions

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... e Companies Act, 2013, (ii) the books of account as referred to in section 34 of the Limited Liability Partnership Act, 2008, or (iii) the books of account as specified under the applicable law, as the case may be; (b) Code means the Insolvency and Bankruptcy Code, 2016; 2 [ (ba) consultation committee means the stakeholders consultation committee constituted under sub-regul .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... or the Corporate Identity Number, as the case may be; 3 [ (ea) liquidation cost under clause (16) of section 5 means- (i) fee payable to the liquidator under regulation 4; (ii) remuneration payable by the liquidator under sub-regulation (1) of regulation 7; (iii) costs incurred by the liquidator under sub-regulation (2) of regulation 24; (iv) costs incurred by the liqui .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... y, shall not form part of liquidation cost. ] (f) Preliminary Report means the report prepared in accordance with Regulation 13; (g) Progress Report means the quarterly report prepared in accordance with Regulation 15; (h) registered valuer means a person registered as such in accordance with the Companies Act, 2013 (18 of 2013) and rules made thereunder; (i) Schedule means a .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... on 4; (b) remuneration payable by the liquidator under regulation 7; (c) cost incurred by the liquidator under regulation 24; and (d) interest on interim finance for a period of twelve months or for the period from the liquidation commencement date till repayment of interim finance, whichever is lower] 4. Inserted vide Notification No. IBBI/2019-20/GN/REG053 dated 06-01-2020 5. O .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates