Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Fourth Amendment) Regulations, 2025

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....nsolvency Resolution Process for Corporate Persons) (Fourth Amendment) Regulations, 2025. F. No. IBBI/2025-26/GN/REG127.-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 to further amend the Insolv....

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....attend as observers without voting rights, such meeting(s) of the committee, as the committee may decide." 3. In the principal regulations, in regulation 36A, after sub-regulation (1), the following sub-regulation shall be inserted, namely: - "(1A) The resolution professional may, with the approval of the committee, invite expression of interest for submission of resolution plans for t....

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....tion 39, (i) in sub-regulation (2), the words "which comply with the requirements of the Code and regulations made thereunder", shall be omitted. (ii) in sub-regulation (2), after the words "along with the details of", the words "non-compliant plans and", shall be inserted. (iii) in sub-regulation (3), in clause (a), after the words "under sub-regulation (2)", the marks ....