Insolvency and Bankruptcy Board of India (Insolvency Professionals) (Amendment) Regulations, 2025. - IBBI/2025-26/GN/REG123 - Insolvency and Bankruptcy
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Amendment to Insolvency Professional Regulations substitutes 'twelve' with 'twenty-four' in regulation 5(a), altering the stated timeframe. The amendment regulations take effect on Gazette publication and, under the Board's Code powers, make a single textual change: in the Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations, 2016, clause (a) of regulation 5 substitutes the word 'twelve' with the words and the mark 'twenty-four'. The notification cites its file reference and notes prior publication and earlier amendment history.
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Amendment to Insolvency Professional Regulations substitutes 'twelve' with 'twenty-four' in regulation 5(a), altering the stated timeframe.
The amendment regulations take effect on Gazette publication and, under the Board's Code powers, make a single textual change: in the Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations, 2016, clause (a) of regulation 5 substitutes the word "twelve" with the words and the mark "twenty-four". The notification cites its file reference and notes prior publication and earlier amendment history.
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