Insolvency and Bankruptcy Board of India (Liquidation Process) (Amendment) Regulations, 2022

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....tions, 2022 No. IBBI/2022-23/GN/REG082.-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....

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....r regulation 21A, the following Explanation shall be inserted, namely:- "Explanation.- It is hereby clarified that the requirements of this regulation shall apply to the liquidation processes commencing on or after the date of the commencement of the Insolvency and Bankruptcy Board of India (Liquidation Process) (Amendment) Regulations, 2019." 4. In the principal regulations, after reg....