Urgent regulations allow expedited rulemaking with Governing Board approval, bypassing ordinary consultation procedures. Urgent regulations permit the Board, when it considers urgent action necessary, to make or amend regulations with the approval of the Governing Board, ... Summary
Insolvency and Bankruptcy Board of India (Mechanism for Issuing Regulations) Regulations, 2018
Urgent regulations permit the Board, when it considers urgent action necessary, to make or amend regulations with the approval of the Governing Board, without following the procedural provisions of regulations 4 and 5, thereby creating a conditional exemption from ordinary consultation and notice requirements for time-sensitive rulemaking.
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