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Resolution professional doesn’t require nod of shareholders/members for insolvency resolution

News and Press Release - Dated:- 14-3-2018 - Ministry 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 receipt of resolution plan by the resolution professio .....

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& Justice in Rajya Sabha . Further, Insolvency and Bankruptcy Board of India (IBBI) also amended IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 so as to ensure that a resolution process ends up with a credible resolu .....

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