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        IBC

        Regulation 6 - Inspection Report

        Insolvency and Bankruptcy Board of India (Inspection and Investigation) Regulations, 2017
        Chapter II
        INSPECTION

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        Inspection report procedure: draft circulated for comments and Board review, then finalised and submitted by Inspecting Authority. Regulation 6 establishes a time bound process: the Inspecting Authority must send the draft inspection report to the service provider for comments within fifteen days and submit the draft to the Board; the Board must assess completeness within fifteen days and advise whether further inspection is needed; after considering the service provider's comments and the Board's advice, the Inspecting Authority shall finalise and submit the inspection report to the Board.
                        Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                        Provisions expressly mentioned in the judgment/order text.

                            Inspection report procedure: draft circulated for comments and Board review, then finalised and submitted by Inspecting Authority.

                            Regulation 6 establishes a time bound process: the Inspecting Authority must send the draft inspection report to the service provider for comments within fifteen days and submit the draft to the Board; the Board must assess completeness within fifteen days and advise whether further inspection is needed; after considering the service provider's comments and the Board's advice, the Inspecting Authority shall finalise and submit the inspection report to the Board.


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