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FAQs on IBC
3 Fastest replies with most correct answers will receive mementos.
Read the following questions and send the answers at voiceofca@gmail.com at the earliest.
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S.No.
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Questions
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1
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Who constitutes the committee of creditors?
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2
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What is the voting requirement for approval of resolution plan by creditors?
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3
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Who is the Regulator under IBC?
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4
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What is the time limit within which the first meeting of committee of creditors should be held?
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5
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How much is the extension period for completion of insolvency resolution process?
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6
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What is the time limit to appeal to the Supreme Court?
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7
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Who is an applicant under Section 7 of IBC?
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8
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Under which Section of IBC is an Insolvency Professional criminally liable?
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9
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Which is the highest appellate authority in case of IBC?
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10
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In which form is the public announcement by the interim resolution professional required to be made?
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Useful Updates on INCOME TAX:
[Contribution by : CA. Jignesh Kumar Parikh]
Direct Tax Insights - Important Judgements and Updates
(Please click for detail)
Useful Updates on GST:
[Contribution by : CA. Bimal Jain]
i) Service Tax not payable on Services provided to Government Company for ‘Transmission of Electricity’
(Please click for detail)
ii) GST payable on amount received through Arbitration for work executed in pre-GST period
(Please click for detail)
iii) Demand cannot be confirmed by relying on third-party evidence not cross-examined
(Please click for detail)
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