Bankruptcy Law

Photo: Business Standard

Regulations Of Insolvency & Bankruptcy Board Modified

The Ministry of Corporate Affairs announced on June 15 that the Insolvency and Bankruptcy Board of India has modified the Insolvency and Bankruptcy Board of India Regulations, 2016. The change makes creditors responsible for sharing information about the corporate debtor's assets and obligations. The amendment also covers how avoidance petitions submitted with the Adjudicating Authority are treated after the corporate insolvency resolution… read-more

Thu, 16 Jun 2022 - 09:40 AM / by Vidhi Jhunjhunwala

Tags: Insolvency, BANKRUPTCY, Insolvency and Bankruptcy Board of India, regulations, creditors

Courtesy: ANI