Amendments to Corporate Insolvency Resolution Process

On 18 September 2023, the Insolvency and Bankruptcy Board of India (IBBI) introduced the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Second Amendment) Regulations, 2023 (CIRP Amendment Regulations). Here is a summary of the key changes made through these regulations:

Filed under:
India, Insolvency & Restructuring, Acuity Law, Insolvency, Insolvency and Bankruptcy Board of India, National Company Law Tribunal
Authors:
Altamash Qureshi , Bodhisattwa Majumder
Location:
India
Firm:
Acuity Law