IBBI IP Regulations, 2016

Regulations 15. Interest 20[Without prejudice to any other action which the Board may take as deemed fit under the Code or any regulations made thereunder, any delay in payment of…

Regulations 14. Where the Board is of the opinion that sufficient cause exists for de-recognition of an insolvency professional entity, it may do so by passing a reasoned order.

Regulations 13. as may be necessary for the purpose of considering the application.] 22[(1)(a) Where the Board, after consideration of the application under sub-regulation (4) of Regulation 12,- (i) is…

Regulations 12. Recognition of Insolvency Professional Entities.— 16[(1) A company, a registered partnership firm or a limited liability partnership may be recognised as an insolvency professional entity, if – (a)…

Regulations 11 Disciplinary proceedings.— (1) Based on the findings of an inspection or investigation, or on material otherwise available on record, if the Board is of the prima facie opinion…

Regulations 10 14[(1) An insolvency professional agency shall inform the Board when it- (a) issues or renews an authorisation for assignment;(b) suspends or cancels an authorisation for assignment;(c) revokes the…

Regulations 9 Registration for a limited period.— (1) Notwithstanding any of the provisions of Regulation 5 , an individual shall be eligible to be registered for a limited period as…

Regulations 8 Refusal to grant certificate.— (1) If, after considering an application made under Regulation 6 , the Board is of the prima facie opinion that the registration ought not…

Regulations 7A. 11[Authorisation for assignment.— 7A. An insolvency professional shall not accept or undertake an assignment after 31st December, 2019 unless he holds a valid authorisation for assignment on the…

Regulations 7. Certificate of registration.— (1) If the Board is satisfied, after such inspection or inquiry as it deems necessary that the applicant is eligible under these Regulations, it may…