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        IBC

        Insolvency and Bankruptcy Board of India (Grievance and Complaint Handling Procedure) (Amendment) Regulations, 2022. - IBBI/2022-23/GN/REG086 - Insolvency and Bankruptcy

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        Grievance filing procedure now mandates portal submission and accelerates Board and agency disposal and investigation timelines. All grievances must be filed on the Board's dedicated portal. The Board's disposal and investigation timelines are shortened, with an allowance for a limited additional extension on request of the service provider. The Board may forward grievances against an insolvency professional to the relevant insolvency professional agency for disposal under its bye laws and must be informed of the agency's disposal within a prescribed period. If the Board forms a prima facie opinion of a case within the expedited timeline, it may issue a show cause notice or order an investigation under the Inspection and Investigation Regulations.
                      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.

                            Grievance filing procedure now mandates portal submission and accelerates Board and agency disposal and investigation timelines.

                            All grievances must be filed on the Board's dedicated portal. The Board's disposal and investigation timelines are shortened, with an allowance for a limited additional extension on request of the service provider. The Board may forward grievances against an insolvency professional to the relevant insolvency professional agency for disposal under its bye laws and must be informed of the agency's disposal within a prescribed period. If the Board forms a prima facie opinion of a case within the expedited timeline, it may issue a show cause notice or order an investigation under the Inspection and Investigation Regulations.


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