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    <title>Insolvency and Bankruptcy Board of India amends the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016</title>
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    <description>The amendments require the insolvency professional to disclose all former names and registered office addresses of the corporate debtor changed within two years prior to insolvency, permit the IRP/RP to appoint professionals other than registered valuers on an arm&#039;s length, objective and transparent basis with invoices in the appointee&#039;s name, and obligate the resolution professional to identify and report avoidance transactions by filing Form CIRP 8 on the Board&#039;s electronic platform for applicable CIRPs.</description>
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    <pubDate>Wed, 21 Jul 2021 12:32:23 +0530</pubDate>
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      <description>The amendments require the insolvency professional to disclose all former names and registered office addresses of the corporate debtor changed within two years prior to insolvency, permit the IRP/RP to appoint professionals other than registered valuers on an arm&#039;s length, objective and transparent basis with invoices in the appointee&#039;s name, and obligate the resolution professional to identify and report avoidance transactions by filing Form CIRP 8 on the Board&#039;s electronic platform for applicable CIRPs.</description>
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