IBBI Regulations & Guidelines - Recently updated

IBBI Regulations & Guidelines - Recently updated

IBBI Regulations:

IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 (Amended upto 26.05.2025)

IBBI (Insolvency Resolution Process for Personal Guarantors to Corporate Debtors) Regulations, 2019 (Amended upto 19-05-2025)

IBBI Guidelines:

The Insolvency Professionals to act as Interim Resolution Professionals, Liquidators, Resolution Professionals and Bankruptcy Trustees (Recommendation) Guidelines, 2025 (Issued on May 27, 2025)

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Important Updates

Daily Newsletter - June 20, 2025
GST Advisory: Handling of Inadvertently Rejected records on IMS
SEBI: Master Circular for Stock Brokers
IBBI Regulations & Guidelines - Recently updated
Big Four, other global firms push back against draft ICAI rules
NPCI introduces real time PAN-Bank Account linking on income tax website; taxpayers may get faster income tax refunds
RBI Directions: Reserve Bank of India (Project Finance) Directions, 2025
Tax amnesty scheme deadline will not be extended beyond June 30: Balagopal
Applying for PAN Card? Aadhaar to be mandatory for Permanent Account Number; new rule likely from July 1, 2025
Weekly Newsletter - June 18, 2025
RBI Master Direction: RBI (Electronic Trading Platforms) Directions, 2025
SEBI Regulations: SEBI (Alternative Investment Funds) Regulations, 2012
Max 60 tax audits per partner likely: ICAI
MCA Circular No.2: Separate Filing of e-form CSR-2 post the period of transition from MCA21 V2 to V3
MCA Circular No.1 Relaxation of additional fees for filing of 13 e-forms during the period of transition from MCA21 V2 to V3
IRDAI Circular: Advisory to All Insurers, Reinsurers, Life Insurance Council and General Insurance Council
ICAI Exposure Draft: Proposed Guidelines for Overseas Network
Income Tax Guidelines: Guidelines for compulsory selection of returns for Complete Scrutiny during the FY 2025-26
IFSCA Circular: Fee structure for KYC Registration Agencies in IFSC
Charitable and religious trusts, institutions to face increased Income Tax Scrutiny
Income Tax department is cross-verifying claims in real time; You’ve been warned
GST filing gets tougher: No room for error in GSTR-3B from July
Weekly Newsletter - June 11, 2025
IBBI Circular: Revised Forms for Corporate Insolvency Resolution Process (CIRP)
GST Circular No.249: Generation and quoting of DIN on any communication issued by the officers of CBIC to tax payers and other concerned persons