https://www.taxtmi.com/article/detailed?id=15585 Rules under section 227 subject notified financial service providers to the Code with modifications: a notified provider is treated as corporate debtor, the regulator alone may initiate CIRP and nominate the Administrator, licences remain effective during interim moratorium and CIRP, resolution plans must satisfy regulator fit-and-proper criteria with a deemed four day no objection rule, Advisory Committees may be constituted to assist the Administrator, and liquidation and voluntary winding-up require regulator consultation and prior permission with protection for third party assets. en-us Thu, 11 Dec 2025 09:20:07 +0530 Thu, 11 Dec 2025 09:20:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=15585 Rules under section 227 subject notified financial service providers to the Code with modifications: a notified provider is treated as corporate debtor, the regulator alone may initiate CIRP and nominate the Administrator, licences remain effective during interim moratorium and CIRP, resolution plans must satisfy regulator fit-and-proper criteria with a deemed four day no objection rule, Advisory Committees may be constituted to assist the Administrator, and liquidation and voluntary winding-up require regulator consultation and prior permission with protection for third party assets. Articles Corporate Laws / IBC / SEBI Thu, 11 Dec 2025 09:20:07 +0530 https://www.taxtmi.com/article/detailed?id=15585