Rule-making power under insolvency law covers forms, fees, notices, fund administration and insolvency proceedings. Central Government is empowered to make rules by notification for carrying out the purposes of the Insolvency and Bankruptcy Code, 2016. The rule-making ... Summary
Insolvency and Bankruptcy (Insolvency and Liquidation Proceedings of Financial Service Providers and Application to Adjudicating Authority) Rules, 2019
Insolvency and Bankruptcy (Application to Adjudicating Authority for Insolvency Resolution Process for Personal Guarantors to Corporate Debtors) Rules, 2019
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Rule-making power under insolvency law covers forms, fees, notices, fund administration and insolvency proceedings.
Central Government is empowered to make rules by notification for carrying out the purposes of the Insolvency and Bankruptcy Code, 2016. The rule-making power extends to forms, manner and fees for insolvency, bankruptcy and resolution applications; demand notices; particulars and documents; proof of debt; public and creditor notices; fund administration; Board service conditions; conduct of insolvency and liquidation proceedings; and other specified procedural and administrative matters.
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