Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Third Amendment) Regulations, 2021

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....rocess for Corporate Persons) (Third Amendment) Regulations, 2021 No. IBBI/2021-22/GN/REG078.-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 I....

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....ency resolution process in compliance with the guidelines as may be issued by the Board.". 3. In the principal regulations, in regulation 36A, after sub-regulation (4), the following sub-regulation shall be inserted, namely:- "(4A) Any modification in the invitation for expression of interest may be made in the manner as the initial invitation for expression of interest was made: Provided tha....

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....tee under regulation 36B; or (b) received from a person who does not appear in the final list of prospective resolution applicants; or (c) does not comply with the provisions of sub-section (2) of section 30 and sub-regulation (1).". Dr. M. S. SAHOO, Chairperson [ADVT.-III/4/Exty./290/2021-22] Note: The Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Pe....