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of <h1>India's Insolvency Board Sets 2017 Rules for Handling Grievances Against Service Providers Under Bankruptcy Code.</h1> The Insolvency and Bankruptcy Board of India issued the Grievance and Complaint Handling Procedure Regulations, 2017, effective from December 6, 2017. These regulations apply to grievances and complaints against service providers under the Insolvency and Bankruptcy Code, 2016. Stakeholders can file grievances or complaints with the Board, providing necessary details about the issue and their efforts to resolve it. Complaints require a fee and must be filed within a specified timeframe. The Board assigns a registration number to each case and may seek additional information. It decides on the necessity of redress and may order investigations if a prima facie case exists. The Board periodically discloses summary statistics of grievances and complaints.
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