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    <title>Insolvency and Bankruptcy Board of India (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) (Amendment) Regulations, 2019</title>
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    <description>The amendment creates an authorisation for assignment regime: agencies may issue or renew authorisations to eligible insolvency professionals who meet specified fitness, non employment, non debarment, age and compliance requirements; applications must follow agency form, fee and timing rules; agencies must issue, renew, or reject with reasons and failure to act within fifteen days results in deemed issuance or renewal; authorisations last one year or until the applicable age limit; rejection may be appealed to the Membership Committee; authorisations suspend upon initiation of disciplinary proceedings and surrender, cancellation and notification procedures are prescribed.</description>
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