https://www.taxtmi.com/highlights?id=80653 This notification amends the Insolvency and Bankruptcy Board of India (Inspection and Investigation) Regulations, 2017. The key amendment is in regulation 13(2), where the time period for reply to a show-cause notice has been extended from "thirty-five days of the date of issuance" to "sixty days from the due date for receipt of reply". This change provides additional time for responding to show-cause notices issued during inspections and investigations under the Insolvency and Bankruptcy Code, 2016. en-us Fri, 23 Aug 2024 12:05:29 +0530 Fri, 23 Aug 2024 12:05:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=80653 This notification amends the Insolvency and Bankruptcy Board of India (Inspection and Investigation) Regulations, 2017. The key amendment is in regulation 13(2), where the time period for reply to a show-cause notice has been extended from "thirty-five days of the date of issuance" to "sixty days from the due date for receipt of reply". This change provides additional time for responding to show-cause notices issued during inspections and investigations under the Insolvency and Bankruptcy Code, 2016. Highlights Insolvency and Bankruptcy Fri, 23 Aug 2024 12:05:29 +0530 https://www.taxtmi.com/highlights?id=80653