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    <title>IBBI amends the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016</title>
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    <description>The amendment requires the resolution professional to circulate meeting minutes electronically to authorised representatives and committee members; authorised representatives must circulate minutes to financial creditors in a class, announce a voting window at least twenty-four hours before it opens, keep it open for at least twelve hours, and exercise class votes electronically per voting instructions received, permitting post-meeting voting. The amendment also provides that amounts due to operational creditors under the resolution plan shall be paid in priority over financial creditors and mandates preservation of physical and electronic records as per a record retention schedule.</description>
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    <pubDate>Sat, 06 Oct 2018 12:19:18 +0530</pubDate>
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      <description>The amendment requires the resolution professional to circulate meeting minutes electronically to authorised representatives and committee members; authorised representatives must circulate minutes to financial creditors in a class, announce a voting window at least twenty-four hours before it opens, keep it open for at least twelve hours, and exercise class votes electronically per voting instructions received, permitting post-meeting voting. The amendment also provides that amounts due to operational creditors under the resolution plan shall be paid in priority over financial creditors and mandates preservation of physical and electronic records as per a record retention schedule.</description>
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