Tag: Insolvency
IBBI proposes streamlining insolvency process
Discussion paper proposes amendments to improve efficiency in executing resolution plans under Insolvency and Bankruptcy Board of India regulations
HK court: cryptos capable of being held on trust
A recent decision by the Hong Kong Court of First Instance in the liquidation case of Gatecoin ruled that cryptocurrencies are “property” and are capable of being held on trust
Regulations for professional entity insolvencies amended
The IBBI streamlined the rules governing their enrolment for the duty of managing insolvent companies with the Model Bye-Laws and Governing Board of Insolvency Professional Agencies (Amendment) Regulations, 2022