Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Personal Guarantors to Corporate Debtors) (Amendment) Regulations, 2026.

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....kruptcy Board of India hereby makes the following regulations to further amend the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Personal Guarantors to Corporate Debtors) Regulations, 2019, namely: -  1. (1) These regulations may be called the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Personal Guarantors to Corporate Debtors) (Amendment) Regulations, 2026.   (2) They shall come into force on the date^# of publication in the Official Gazette. 2. In the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Personal Guarantors to Corporate Debtors) Regulations, 2019, (hereinafter referred to as 'the principal regulations'), in regulati....

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....ts, title, or interest in immovable property, including residential, commercial, or industrial property, agricultural land, and leasehold or freehold interests. (e) Retirement and Provident Fund Assets - Balances or entitlements in provident funds, pension funds, gratuity, superannuation funds, and any other retirement benefit schemes. (f) Digital Assets - Cryptocurrencies, virtual digital assets, non-fungible tokens, digital tokens, and domain names or other digital properties having commercial value. (g) Intellectual Property and Intangible Assets - Patents, trademarks, copyrights, licences, franchises, brand value, goodwill, royalty rights, and any other intangible assets. (h) Valuable Movable Assets -....

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....indu Undivided Families, or any other arrangement conferring beneficial interest or control; and (e) any asset over which the individual exercises control, influence, or derives economic benefit, irrespective of legal title." 5. In the principal regulations, in regulation 7, in sub-regulation (1), for the words "Form B", the words "such form as notified by the Board through circular" shall be substituted. 6. In the principal regulations, in regulation 11, in sub-regulation (3), after the words "in accordance with", the words, marks and numerical "sub-section (3A) of section 106 and" shall be inserted. 7. In the principal regulations, after regulation 11, the following regulation shall be inserted, namely: -  ....