Rescission of circulars: duplicate circulars withdrawn as their requirements are subsumed by existing insolvency regulations. The Board rescinds specified circulars because their operative provisions are already incorporated in the IBBI Regulations governing the Insolvency Resolution Process for Corporate Persons and the Insolvency Professionals Regulations; rescinded topics include confidentiality, authorised representatives for creditor classes, CoC notice and voting procedures, voting conduct, process-specific voting conduct, and retention of records, with the rescission effective immediately as part of regulatory consolidation.
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.
Rescission of circulars: duplicate circulars withdrawn as their requirements are subsumed by existing insolvency regulations.
The Board rescinds specified circulars because their operative provisions are already incorporated in the IBBI Regulations governing the Insolvency Resolution Process for Corporate Persons and the Insolvency Professionals Regulations; rescinded topics include confidentiality, authorised representatives for creditor classes, CoC notice and voting procedures, voting conduct, process-specific voting conduct, and retention of records, with the rescission effective immediately as part of regulatory consolidation.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
TaxTMI 
