• MCA clarifies that individuals with duplicate/multiple DINs can retain only oldest DIN and DIN once associated is not eligible for surrender.
• NCLT New Delhi bench to start e-filing w.e.f.27 August 2018
• Government looking at adopting an UN model for cross border insolvency norms

• Clarificatory amendment: Moratorium u/s 14 of the Insolvency and Bankruptcy Code, 2016 does not extend to personal guarantees.
• Second round of bidding for Jaypee Infratech however Jaypee Associates and Jaypee Infratech barred from participating in the resolution proceedings u/s 29A of the Insolvency and Bankruptcy Code 2016.
• Set up of eight special courts under the National Company Law Tribunal (NCLT) to deal with insolvency cases -3 courts in Mumbai, 2 in Delhi, and one each in Chennai, Kolkata, and Hyderabad.
• E-courts to manage cross-border insolvency proceedings.