Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Sixth Amendment) Regulations, 2025 - IBBI/2025-26/GN/REG130 - Insolvency and Bankruptcy
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Insolvency process amendment removes specific regulatory provisions and narrows form disclosure requirements under the code. The amendment, made under the Insolvency and Bankruptcy Code, takes effect on publication and implements targeted changes: it omits regulation 39C, modifies regulation 39D by adding a conjunction after the Companies Act reference in clause (a) and omitting clause (b), and deletes point (b) of paragraph 15 in Form H, thereby removing specified regulatory provisions and a form requirement from the principal regulations.
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Insolvency process amendment removes specific regulatory provisions and narrows form disclosure requirements under the code.
The amendment, made under the Insolvency and Bankruptcy Code, takes effect on publication and implements targeted changes: it omits regulation 39C, modifies regulation 39D by adding a conjunction after the Companies Act reference in clause (a) and omitting clause (b), and deletes point (b) of paragraph 15 in Form H, thereby removing specified regulatory provisions and a form requirement from the principal regulations.
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