Corporate News July 2018 - Acquisory Bulletin

Chandni Ansari28 Apr, 2025Business

Submission of KYC of directors made mandatory by August 31st , 2018 • New e-form DIR-3 is applicable • Each director to file from with own DSC • Filing DIR-3 KYC mandatory for disqualified directors ➢ IBBI (Second Amendment) Bill 2018 passed in Lok Sabha –insolvency resolution framework made simple. The IBC (Second Amendment) Bill 2018 was passed by the Lok Sabha and shall replace the IBC (Amendment) Ordinance, 2018. The bill brings about significant changes that are meant to improve the insolvency resolution framework in the country. Under the new Bill,

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