IBC 2016 definition

IBC 2016. / “Code” shall mean Insolvency and Bankruptcy Code, 2016 as amended from time to time;
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IBC 2016. , or “IBC” or “Code” shall mean Insolvency and Bankruptcy Code, 2016 and the related rules andregulations issued there under, as amended from time to time.
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IBC 2016 means The Insolvency and Bankruptcy Code, 2016 and the related rules and regulations issued there under, as amended from time to time. “Regulations” means, the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016 as amended from time to time;
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Examples of IBC 2016 in a sentence

  • The Company is in the process of filing the necessary application under the provisions of IBC, 2016 before Hon’ble NCLT, Kolkata for its revival.

  • Provided that approval from shareholders will not be required for Material Related Party Transaction in respect of a resolution plan approved under section 31 of the Insolvency and Bankruptcy Code (IBC) 2016, subject to the event being disclosed to recognized stock exchange within one day of the resolution plan being approved.

  • The words and expressions used in this document shall have meaning as per the IBC, 2016 and Regulations thereto.

  • All the EOIs received shall be examined by the undersigned on the eligibility criterion specified and in accordance with the provisions of IBC 2016.

  • At the end of August I attended the International Edinburgh Festival and interviewed Jonathan Mills, and artistic director of Traverse Theatre, which I will use for the 10th issue of CS.

  • However, the same shall not be construed as inclusive of all the mandatory requirements; all the provisions contained in the IBC, 2016 and Regulations thereto will be applicable to the extent relevant in this EOI process.

  • In the month of October 2018, the operational creditor applied for initiation of Insolvency proceedings under Section 9 of the IBC 2016 and was admitted to Corporate Insolvency Resolution Process on 10th October, 2018.

  • A committee comprising of committee of financial creditors including representative of ‘Employees Union’ to aid and advise the Liquidator on any matter in relation to Liquidation Process of the Corporate debtor as per Section 35(2) of IBC 2016 read with Regulation 8 of IBBI (Liquidation Process) Regulations 2016.

  • All taxes / maintenance fee / transfer fee/outstanding rentals / electricity charges / water charges/ annual lease rentals/ unearned income in case of leasehold properties, etc., if any outstanding as on date or yet to fall due in respect of the relevant assets/properties should be ascertained by the E-Auction process applicants and would be borne by the successful bidder, under the provisions of IBC 2016.

  • In the month of May 2017, the financial creditor applied for initiation of Insolvency proceedings under Section 7 of the IBC 2016 and was admitted to Corporate Insolvency Resolution Process on 23rd May, 2017.

Related to IBC 2016

  • NP 11-202 means National Policy 11-202 – Process for Prospectus Reviews in Multiple Jurisdictions;

  • RD 1012/2015 means Royal Decree 1012/2015, of 6 November developing Law 11/2015, as amended or superseded from time to time.

  • NP 46-201 means National Policy 46-201 – Escrow for Initial Public Offerings.

  • Law 11/2015 means Law 11/2015 of 18 June, on recovery and resolution of credit institutions and investment firms (Ley 11/2015, de 18 de junio, de recuperación y resolución de entidades de crédito y empresas de servicios de inversión) as amended or replaced from time to time.

  • MI 11-102 means Multilateral Instrument 11-102 – Passport System;

  • DPA 2018 means the Data Protection Act 2018;

  • L1. L2 etc means First or second Lowest Offer etc."L1. L2 etc" means First or second Lowest Offer etc. "LC" means Letter of Credit"LC" means Letter of Credit

  • BRRD II means Directive (EU) 2019/879 of the European Parliament and of the Council of 20 May 2019 amending Directive 2014/59/EU as regards the loss-absorbing and recapitalisation capacity of credit institutions and investment firms and Directive 98/26/EC.

  • NI 51-102 means National Instrument 51-102 – Continuous Disclosure Obligations;

  • H1, H2 etc means First Highest, Second Highest Offers etc. in Disposal Tenders means

  • Alternative education program means a school or separate class group designed to best serve students’ educational needs and interests and assist students in achieving the academic standards of the district and the state.

  • ug/l means micrograms per liter.

  • Publication NPC-205 means Ministry Publication NPC-205, Sound Level Limits for Stationary Sources in Class 1 & 2 Areas (Urban), October, 1995; and

  • Multi-factor Authentication means controlling access to computers and other IT resources by requiring two or more pieces of evidence that the user is who they claim to be. These pieces of evidence consist of something the user knows, such as a password or PIN; something the user has such as a key card, smart card, or physical token; and something the user is, a biometric identifier such as a fingerprint, facial scan, or retinal scan. “PIN” means a personal identification number, a series of numbers which act as a password for a device. Since PINs are typically only four to six characters, PINs are usually used in conjunction with another factor of authentication, such as a fingerprint.

  • NI 44-102 means National Instrument 44-102 – Shelf Distributions;

  • Expiry Date (Data di Scadenza) means the Expiry Date as specified in § 1 of the Product and Underlying Data.

  • Dairy farm means any place or premises where 1 or more dairy animals are kept for milking purposes, and from which a part or all of the milk is provided, sold, or offered for sale.

  • L/C Facility means the letter of credit facility established pursuant to Article III.

  • Group 4 All of the Group 4 Certificates.

  • Committed Capital means $20,837,637.00 for 14,129,250 Class A Capital Units to be issued with respect to Members receiving Class A Capital Units in the Reorganization, and, with respect to any additional Members, the purchase price of the Capital Units subscribed for in any subsequent offering pursuant to a subscription agreement that has been accepted by the Company, regardless of whether such purchase price has been fully paid.

  • NI 45-102 means National Instrument 45-102 – Resale of Securities;

  • Class A-3 Notes means the Class of Auto Loan Asset Backed Notes designated as Class A-3 Notes, issued in accordance with the Indenture.

  • CDSX means the settlement and clearing system of CDS Clearing and Depository Services Inc. for equity and debt securities in Canada;

  • NI 81-102 means National Instrument 81-102 – Investment Funds.

  • General Arrangement Drawings shall have the meaning set forth in Clause 3.1 (iii) (b);

  • CET1 Capital means at any time, the common equity tier 1 capital of the Bank or the Group, respectively, as calculated in accordance with Chapter 2 (Common Equity Tier 1 capital) of Title I (Elements of own funds) of Part Two (Own Funds) of the CRR and/or Applicable Banking Regulations at such time, including any applicable transitional, phasing in or similar provisions;