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        IBC

        IBBI amended the Grievance and Complaint Handling Procedure...

        IBBI Extends Grievance Filing Timeline Under Regulation 3(4) Until 30 Days After Final Legal Proceedings Conclude

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                          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.
                                IBBI amended the Grievance and Complaint Handling Procedure Regulations through notification dated January 28, 2025. The key modification extends the timeline in regulation 3(4) for filing grievances or complaints. The new provision allows submission within thirty days from the closure of all proceedings related to the insolvency process, whether before the AA, NCLAT, HC, or SC. This amendment supersedes the previous 30-day fixed timeline and provides flexibility by linking the filing deadline to the conclusion of all related legal proceedings. The regulation aims to ensure stakeholders have adequate time to file complaints after exhausting all available legal remedies under the IBC framework.
                                Note: It is a system-generated summary and is for quick reference only.
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