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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) (Fourth Amendment) Regulations, 2016</title>
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    <description>Amendments to the CIRP Regulations permit a second solicitation of resolution plans for the sale of one or more assets where no whole-entity plan is received, allow resolution plans to allocate assets among successful applicants and treat remaining assets, require a CoC-consulted marketing strategy and enhanced Form G, advance the invitation for expressions of interest to the sixtieth day, move the information memorandum deadline to the ninety-fifth day with expanded disclosures, mandate sharing of preferential transaction applications with prospective applicants, and introduce procedural transparency measures including a common case email and RP communications to creditors.</description>
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    <pubDate>Sat, 17 Sep 2022 17:41:48 +0530</pubDate>
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      <description>Amendments to the CIRP Regulations permit a second solicitation of resolution plans for the sale of one or more assets where no whole-entity plan is received, allow resolution plans to allocate assets among successful applicants and treat remaining assets, require a CoC-consulted marketing strategy and enhanced Form G, advance the invitation for expressions of interest to the sixtieth day, move the information memorandum deadline to the ninety-fifth day with expanded disclosures, mandate sharing of preferential transaction applications with prospective applicants, and introduce procedural transparency measures including a common case email and RP communications to creditors.</description>
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