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        IBC

        Regulation 7B - Number of Assignments

        Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations, 2016
        Chapter III
        REGISTRATION OF INSOLVENCY PROFESSIONALS

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        Insolvency professionals face a ten-assignment cap and up to three large cases over Rs. 1000 crore. Regulation 7B bars an individual insolvency professional (not an insolvency professional entity) from holding more than ten concurrent assignments in aggregate as interim resolution professional, resolution professional or liquidator, and limits to three the number of such assignments with admitted claims exceeding one thousand crore rupees each; those exceeding the limits as of commencement of the amendment (20-11-2025) may not accept new assignments until their ongoing assignments fall below the cap.
                        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.

                              Insolvency professionals face a ten-assignment cap and up to three large cases over Rs. 1000 crore.

                              Regulation 7B bars an individual insolvency professional (not an insolvency professional entity) from holding more than ten concurrent assignments in aggregate as interim resolution professional, resolution professional or liquidator, and limits to three the number of such assignments with admitted claims exceeding one thousand crore rupees each; those exceeding the limits as of commencement of the amendment (20-11-2025) may not accept new assignments until their ongoing assignments fall below the cap.


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