Insolvency and Bankruptcy Board of India (Salary, Allowances and other Terms and Conditions of Service of Chairperson and members) Amendment Rules, 2024.

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Insolvency and Bankruptcy Board of India (Salary, Allowances and other Terms and Conditions of Service of Chairperson and members) Amendment Rules, 2024.

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....ause (zd) of sub-section (2) of section 239 read with sub-section (5) of section 189 of the Insolvency and Bankruptcy Code, 2016 (31 of 2016), the Central Government hereby makes the following rules further to amend the Insolvency and Bankruptcy Board of India (Salary, Allowances and other Terms and Conditions of Service of Chairperson and members) Rules, 2016, namely:-- 1. (1) These rules may be....

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....that the Chairperson and whole-time member shall be entitled to a salary under this sub-rule and sub-rule (1) from the 1st day of January, 2024. 3. In rule 12 of the said rules, in sub-rule (4), for the words and figures "Rs. 4,50,000/- and Rs. 4,00,000/-", the words and figures "Rs. 5,62,500/- and Rs. 5,00,000/-" shall respectively be substituted. 4. In rule 13 of the said rules, in sub-rule (3....

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Insolvency and Bankruptcy Board of India (Salary, Allowances and other Terms and Conditions of Service of Chairperson and members) Amendment Rules, 2024.