Pre-packaged Insolvency Resolution Process: regulations under insolvency law notified and commence on publication in the Gazette. The Regulations create the Pre-packaged Insolvency Resolution Process framework under the insolvency statute, designate the short title as the Insolvency and Bankruptcy Board of India (Pre-packaged Insolvency Resolution Process) Regulations, 2021, and provide that the Regulations come into force on the date of publication in the Official Gazette, identifying publication as the operative commencement trigger.
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Pre-packaged Insolvency Resolution Process: regulations under insolvency law notified and commence on publication in the Gazette.
The Regulations create the Pre-packaged Insolvency Resolution Process framework under the insolvency statute, designate the short title as the Insolvency and Bankruptcy Board of India (Pre-packaged Insolvency Resolution Process) Regulations, 2021, and provide that the Regulations come into force on the date of publication in the Official Gazette, identifying publication as the operative commencement trigger.
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