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of The IBBI issued an amendment to the Insolvency Professionals Regulations, 2025, modifying regulation 5(a) by replacing 'twelve' with 'twenty-four'. The amendment, enacted under sections 196 and 207 of the Insolvency and Bankruptcy Code, 2016, expands a regulatory parameter for insolvency professionals. The regulation takes effect upon publication in the Official Gazette, signaling a substantive change in professional qualification or duration requirements within the insolvency regulatory framework.
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