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of <h1>IBBI Updates 2017 Regulations: New Chapters on Grievance Investigation, Interim Orders, and E-Procedures for Show-Cause Notices.</h1> The Insolvency and Bankruptcy Board of India (IBBI) has amended its 2017 Inspection and Investigation Regulations, effective upon publication in the Official Gazette. Key changes include redefining 'stakeholders' and replacing the term 'clients' with 'stakeholders' throughout the regulations. The amendments introduce new chapters on investigation during grievance disposal and interim orders based on available records. They also modify procedures for handling show-cause notices, including electronic service and response timelines. The Disciplinary Committee is tasked with resolving notices within 35 days and may suspend or cancel authorizations for insolvency professionals. Orders will be served electronically and published online.
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