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Insolvency and Bankruptcy Board of India (Fast Track Insolvency Resolution Process for Corporate Persons) (Fourth Amendment) Regulations, 2017 - IBBI/2017-18/GN/REG23 - Insolvency and Bankruptcy

Extract

..... ations to amend the Insolvency and Bankruptcy Board of India (Fast Track Insolvency Resolution Process for Corporate Persons) Regulations, 2017, namely: - 1. (1) These regulations may be called the Insolvency and Bankruptcy Board of India (Fast Track 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 (Fast Track Insolv .....

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Insolvency and Bankruptcy Board of India (Fast Track Insolvency Resolution Process for Corporate Persons) (Fourth Amendment) Regulations, 2017 - IBBI/2017-18/GN/REG23 - Insolvency and Bankruptcy

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..... r any other person and comply with the requirements 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 the confidentiality of the liquidation value.”. 4. In the principal regulations, in regulation 35, in sub-regulation (2), clauses (j) and (k) shall be omitted. 5. I .....

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Insolvency and Bankruptcy Board of India (Fast Track Insolvency Resolution Process for Corporate Persons) (Fourth Amendment) Regulations, 2017 - IBBI/2017-18/GN/REG23 - Insolvency and Bankruptcy

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