Insolvency and Bankruptcy Board of India (Liquidation Process) (Third Amendment) Regulations, 2020

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....0 No. IBBI/2020-21/GN/REG062.- In exercise of the powers conferred by clause (t) of sub-section (1) of section 196 read with section 240 of the Insolvency and Bankruptcy Code, 2016 (31 of 2016), the Insolvency and Bankruptcy Board of India hereby makes the following regulations, further to amend the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016, namely: - 1. (1....

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....him, he shall be entitled to a fee corresponding to the amount distributed by him.". 3. In the principal regulations, in regulation 37, in sub-regulation (6), the word "of" shall be omitted. 4. In the principal regulations, in regulation 47, in the Table, - (a) in serial number 4, in column 2, for "Section 38 (1) and (5), Reg. 17, 18 and 21A", the following shall be substituted, namely: - "S....