Insolvency and Bankruptcy Board of India (Grievance and Complaint Handling Procedure) (Amendment) Regulations, 2022.
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....mplaint Handling Procedure) (Amendment) Regulations, 2022 No. IBBI/2022-23/GN/REG086.- In exercise of the powers conferred under section 196, 217 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 (Grievance and Complaint ....
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....ords "Disposal of grievance" the words "Disposal of grievance by the Board" shall be substituted. (ii) in sub-regulation (2), (a) for the word "fifteen", the word "seven" shall be substituted. (b) the following proviso shall be inserted, namely:- "Provided that an additional time not exceeding seven days may be granted by the Board for submitting the information....
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....gency shall dispose of the grievance in accordance with its bye-laws and intimate the Board within thirty days of receipt of grievance." 5. In the principal regulations, in regulation 7, (i) in sub-regulation (2), (a) for the word "fifteen", the word "seven" shall be substituted; (b) the following proviso shall be inserted, namely:- "Provided that an addition....
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