Concessional penalty for search-disclosed unreconciled jewellery applies where substantive disclosure conditions are met despite omission from origina...
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.
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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