Insolvency and Bankruptcy Board of India (Bankruptcy Process for Personal Guarantors to Corporate Debtors) Regulations, 2019 Chapter VI PROCEEDS OF BANKRUPTCY PROCESS AND DISTRIBUTION OF PROCEEDS
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Debt counselling may be provided to bankrupts by regulator- or government-recognised providers under insolvency regulations. Debt counselling in the bankruptcy context may be provided to a bankrupt as part of the bankruptcy process, provided the counselling is offered by a person recognised by the regulator or, where applicable, by the Central Government, thereby tying eligibility to formal regulatory recognition.
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 may be provided to bankrupts by regulator- or government-recognised providers under insolvency regulations.
Debt counselling in the bankruptcy context may be provided to a bankrupt as part of the bankruptcy process, provided the counselling is offered by a person recognised by the regulator or, where applicable, by the Central Government, thereby tying eligibility to formal regulatory recognition.
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