IBBI Notifies Second Amendment To Insolvency Professional Regulations

Pallavi Mishra

17 Sept 2022 10:15 AM IST

  • IBBI Notifies Second Amendment To Insolvency Professional Regulations

    The Insolvency and Bankruptcy Board of India ("IBBI") has amended the IBBI (Insolvency Professionals) Regulations, 2016 ("IP Regulations") for a second time and has notified the amendment on 13.09.2022. The amendment has added Clause 26A to the IP Regulations which states that an Insolvency Professional shall not accept /share any fees or charges from any professional and/or support...

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