The notification inserts a new sub-regulation 35(8), which mandate that a registered valuer shall prepare the valuation report and maintain […]
The amendment provides for mandatory electronic filing of all liquidation Forms on the IBBI platform. The Forms must include all
The amendment inserts a new Regulation 38 (3A), prescribing additional mandatory disclosures in every resolution plan. A resolution applicant must
The IBBI has amended IBBI Insolvency Professionals Regulations, to strengthen governance and workload management for insolvency professionals. The main amendment,
The amendments to IBBI Insolvency Resolution Process for Personal Guarantors to Corporate Debtors Regulations, enhance compliance and reporting requirements for
The notification primarily restructures regulatory clauses related to the modes of asset sale and committee composition. The key changes include
The key changes involve the omission of Regulation 39C from the principal regulations. Further, changes are made to Regulation 39D,
The key changes include an increase in the mandatory CPE credit hours to 30 per calendar year, a requirement that
The key changes include enhanced disclosure requirements for the Resolution Professional (RP), who must now include details of all identified
IBBI has issued new guidelines for creating a panel of Insolvency Professionals (IPs) eligible for appointment as Interim Resolution Professionals
