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        IBC

        Regulation 6 - Debt counselling

        Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Personal Guarantors to Corporate Debtors) Regulations, 2019
        Chapter II
        GENERAL

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        Debt counselling must be provided to guarantors only by providers recognised by the insolvency regulatory authority. Regulation 6 provides that debt counselling for a guarantor in the insolvency resolution process may be provided only by persons recognised by the Insolvency and Bankruptcy Board of India or the Central Government, thereby limiting authorised counselling providers to those formally recognised by the specified authorities.
                          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.

                                Debt counselling must be provided to guarantors only by providers recognised by the insolvency regulatory authority.

                                Regulation 6 provides that debt counselling for a guarantor in the insolvency resolution process may be provided only by persons recognised by the Insolvency and Bankruptcy Board of India or the Central Government, thereby limiting authorised counselling providers to those formally recognised by the specified authorities.


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