Amendments to the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 and the IBBI (Liquidation Process) Regulations, 2016

Published On: 14/08/2019

Authors:

Saurav Kumar
Harman Walia
The Insolvency and Bankruptcy Board of India has notified amendments to the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 and the IBBI (Liquidation Process) Regulations, 2016 on July 25, 2019, with an aim to achieve early resolution of stressed assets under the Insolvency and Bankruptcy Code of India, 2016. In light of this, INDUSLAW’s Saurav Kumar, Harman Walia, and Nabarun Chandra Ray discuss some of the key amendments introduced by the said regulations.