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of <h1>New Rules for Insolvency and Liquidation of Financial Service Providers Under Section 227 of IBC 2019</h1> These rules pertain to the insolvency and liquidation proceedings of financial service providers as defined under the Insolvency and Bankruptcy Code (IBC). They apply to specific financial service providers or categories that the Central Government may notify under section 227. The purpose is to regulate the insolvency and liquidation processes for these entities as outlined in the 2019 rules.
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