NCLT Asks IBBI To Incorporate Provisions In CIRP Regulations For Treating Transferred Winding-Up Cases

Rajesh Kumar

25 Jun 2024 12:00 PM IST

  • NCLT Asks IBBI To Incorporate Provisions In CIRP Regulations For Treating Transferred Winding-Up Cases

    The National Company Law Tribunal (NCLT) Principle Bench of Ramalingam Sudhakar (President) and Avinash K. Srivastava (Technical Member) has asked the Insolvency and Bankruptcy Board of India (IBBI) to amend the Corporate Insolvency Resolution Process (CIRP) regulations. This directive was issued by NCLT to address the handling of cases involving the winding up of...

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