IB Code definition

IB Code means Insolvency and Bankruptcy Code, 2016 and the related rules and regulations issued there under, as amended from time to time;

IB Code means the Insolvency & Bankruptcy Code, 2016 as amended from time to time and rules/ regulations, etc. issued thereunder.

IB Code means Insolvency and Bankruptcy Code, 2016 as amended from time to time. “INR” shall mean the Indian Rupee.

Examples of IB Code in a sentence

• That the public announcement of the corporate insolvency resolution process shall be made immediately as specified under section 13 of I&B Code.

• That the order of moratorium shall have effect from the date of this order till the completion of the corporate insolvency resolution process or until this Bench approves the resolution plan under sub-section (1) of section 31 of I&B Code or passes an order for the liquidation of the corporate debtor under section 33 of I&B Code, as the case may be.

• That the order of moratorium shall have effect from the date of this order till the completion of the corporate insolvency resolution process or until this Bench approves the resolution plan under sub- section (1) of section 31 of I&B Code or passes an order for the liquidation of the corporate debtor under section 33 of I&B Code, as the case may be.

• That the provisions of sub-section (1) of Section 14 of I&B Code shall not apply to such transactions as may be notified by the Central Government in consultation with any financial sector regulator.

• The two essential qualifications, i.e. existence of ‘debt’ and ‘default’, for admission of a petition under section 7 of the I&B Code, have been met in this case.

• The two essential qualifications, i.e., existence of ‘debt’ and ‘default’, for admission of a petition under section 7 of the I&B Code, have been met in this case.

• We confirm that we have studied the provisions of the IB Code, the CIRP Regulations and other relevant laws and regulations to enable us to submit our Resolution Plan along with required documents and execute the other required documents in the event of our selection as the Successful Resolution Applicant.

• A Resolution Applicant is required to submit information in accordance with this RFRP and in compliance with the requirements set out under the IB Code and CIRP Regulations and shall sign and date each of the documents in the space provided therein and sign each page of all the documents.

• We and our Representatives will comply with the requirements under section 29(2) of the IB Code.

• The IRP shall carry out his functions as contemplated by sections 15, 17, 18, 19, 20 and 21 of the I&B Code.

More Definitions of IB Code

IB Code or “IBC” or “Code” means Insolvency and Bankruptcy Code, 2016 and other rules and regulations framed thereunder, as amended from time to time.

IB Code means Insolvency and Bankruptcy Code, 2016 as amended from time to time.

IB Code means the Insolvency & Bankruptcy Code, 2016 as amended from time to time and rules/ regulations, etc. issued thereunder. INSPECTION: For inspection of documents, please contact the Liquidator at roofit@jitenderjain.com PAYMENT TERMS: Refundable Caution Money Deposit (CMD) must be paid into bank account of “Roofit Industries Limited (in Liquidation)” and submitted to the Auctioneer along with fully filled, signed and sealed Annexure - “A”, “B” , “Authority Letter” and “Affidavit” attached herewith. All the payments are to be made to “Roofit Industries Limited (in Liquidation)” by RTGS / NEFT / Cheque as per following details: Beneficiary Name Roofit Industries Limited (In Liquidation) Beneficiary Bank Name Kotak Mahindra Bank Limited Account No. 5012744812 IFSC KKBK0000669 Bank Branch Name CBD Belapur

IB Code or “IBC” means the Insolvency and Bankruptcy Code, 2016, the CIRP Regulations and other rules, regulations, circulars, notifications, other delegated legislations framed or issued thereunder, each as amended from time to time.