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Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Fourth Amendment) Regulations, 2017 - IBBI/2017-18/GN/REG22 - Insolvency and Bankruptcy

Extract

..... amend the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016, namely: - 1. (1) These regulations may be called the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Fourth Amendment) Regulations, 2017. (2) They shall come into force on the date of their publication in the Official Gazette. 2. In the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Perso .....

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Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Fourth Amendment) Regulations, 2017 - IBBI/2017-18/GN/REG22 - Insolvency and Bankruptcy

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..... irements under sub-section (2) of section 29.”; (b) after sub-regulation (3), the following sub-regulation shall be inserted, namely: - “(4) Subject to sub-regulation (3), the interim resolution professional or the resolution professional, as the case may be, shall maintain confidentiality of the liquidation value.”. 4. In the principal regulations, in regulation 36, in sub-regulation (2), clauses (j) and (k) shall be omitted. 5. In the principal regulations, in regulation 39, .....

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Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Fourth Amendment) Regulations, 2017 - IBBI/2017-18/GN/REG22 - Insolvency and Bankruptcy

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