IIIPI develops template for IPs to report Avoidance Transactions to NCLT 

Indian Institute of Insolvency Professionals of ICAI (IIIPI) has designed a template that Insolvency Professionals (IPs) can undertake to report ‘Avoidance Transactions’ to the Nationwide Firm Legislation Tribunal (NCLT). The ‘Template’ — which is recommendatory— is aimed to facilitate the submitting of Avoidance Transaction petitions earlier than NCLTs, to make sure uniformity and in expediting … Read more

IIIPI brings insolvency skilled entities below peer evaluation framework

Indian Institute of Insolvency Professionals of ICAI (IIIPI) has not too long ago determined to increase the Peer Evaluate Framework to Insolvency Skilled Entities (IPEs) which are enrolled as its members. The IPEs present help providers to IRPs/RPs/ Liquidators together with verifying and processing claims of collectors, finalising the agenda for the conferences of the … Read more