IBBI LP Regulations 2016

Regulations 3. Eligibility for appointment as liquidator. (1) An insolvency professional shall be eligible to be appointed as a liquidator if he, and every partner or director of the insolvency…

Regulations 2B. Compromise or arrangement.— (1) Where a compromise or arrangement is proposed under section 230 of the Companies Act, 2013 (18 of 2013), it shall be completed within ninety…

Regulations 6[2A. Contributions to liquidation costs.— (1) Where the committee of creditors did not approve a plan under sub-regulations (3) of Regulation 39B of the Insolvency and Bankruptcy Board of…

Regulations 2. Definitions.— (1) In these Regulations, unless the context otherwise requires- (a) “books of the corporate debtor” means(i) the books of account and the financial statements as defined in…

Regulations 1. Short title and commencement.— (1) These Regulations may be called the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016. (2) These Regulations shall come into force…