Regulation 30 - Assistance of local district administration.
Insolvency and Bankruptcy Board of India (Insolvency Resolution Process For Corporate Persons) Regulations, 2016 Chapter VIII CONDUCT OF CORPORATE INSOLVENCY RESOLUTION PROCESS
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Assistance of local district administration can be sought to support insolvency professionals in discharging statutory duties under the insolvency code. The provision permits the interim resolution professional or the resolution professional to apply to the Adjudicating Authority for an order seeking assistance from the local district administration to enable the professional to discharge duties under the Code and these Regulations; it establishes a procedural route for obtaining executive support by adjudicatory order during the corporate insolvency resolution process.
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.
Assistance of local district administration can be sought to support insolvency professionals in discharging statutory duties under the insolvency code.
The provision permits the interim resolution professional or the resolution professional to apply to the Adjudicating Authority for an order seeking assistance from the local district administration to enable the professional to discharge duties under the Code and these Regulations; it establishes a procedural route for obtaining executive support by adjudicatory order during the corporate insolvency resolution process.
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