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Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016.
Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Amendment) Regulations, 2023.
Comments
Reg 31(A)- Regulatory fees in sub reg (1) after proviso Explanation is inserted
For removal of doubts, it is hereby clarified that the regulatory fee under this sub-regulation, shall not be payable in cases where the approved resolution plan in respect of insolvency resolution of a real estate project is from an association or group of allottees in such real estate project
It is clarified that regulatory fees shall not be payable in cases where the approved resolution plan in respect of insolvency resolution of a real estate project is from an association or group of allottees in such a real estate project.
Regulation
Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations, 2016.
Insolvency and Bankruptcy Board of India (Insolvency Professionals) (Amendment) Regulations, 2023.
Comments
Reg 5 – Qualifications and Experience in clause (c), in sub-clause (ii)
successfully completed the [Graduate Insolvency Programme, as may be approved by the Board
successfully completed the [Post] Graduate Insolvency Programme, as may be approved by the Board
Before the words “Graduate Insolvency Programme”, the word “Post” shall be inserted
Note in Form A In table (iii) Insolvency Examination, in Sl. No. 2 row, before the words “Graduate Insolvency Programme”, the word “Post” shall be inserted.
