TaxTMI 
TaxTMI 
Insolvency and Bankruptcy Board of India (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) (Amendment) Regulations, 2023
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.... Board of India (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) (Amendment) Regulations, 2023 No. IBBI/2023-24/GN/REG105.-In exercise of the powers conferred by sections 196 and 205 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 Insol....
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....n individual or an insolvency professional entity may apply for enrolment as a professional member by submitting an application in Part - I of Form A and Part - I of Form AA, respectively, of the Second Schedule to Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations, 2016, in such manner and with such fees as may be specified by the Agency." (b) in sub-clause (....
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....Board; (d) the arrangements made for the maintenance, preservation and transfer of records and other documents required to be maintained under the relevant regulations; and (e) any other requirements, as stipulated under the Code, rules made thereunder, regulations, circulars, directions, or guidelines issued by the Agency and the Board, from time to time. (3) it has bee....
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....d; (e) upon the order of any court of law. (2) While expelling the professional member, the Agency may take into account the factors provided in clause 29." RAVI MITAL, Chairperson [ADVT.-III/4/Exty./426/2023-24] Note : The Insolvency and Bankruptcy Board of India (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) Regulations, 2016 were published vi....