IBBI invites comments on Discussion Paper on Corporate Liquidation Process along with Draft Regulations

Apr 29, 2019 | by Avantis RegTech Legal Research Team


Commercial Compliance

The Insolvency and Bankruptcy Board of India (IBBI) on April 27, 2019, has invited comments on discussion paper on corporate liquidation process along with Draft (Page 18) on “Insolvency and Bankruptcy Board of India (Liquidation Process) (Amendment) Regulations, 2019.”

The IBBI accordingly solicits comments on:

a.Any specific para in the discussion paper; and

b.Any specific regulations in the draft Insolvency and Bankruptcy Board of India (Liquidation Process) (Amendment) Regulations, 2019, by May 19, 2019.

Procedure is also given for giving comments, they are as under (Page 16):

•Visit IBBI website, www.ibbi.gov.in 

•Select ‘Public Comments’; and then select ‘Discussion paper - Liquidation';

•Provide Name, and Email ID and then Select the stakeholder category;

•Select the kind of comments: (a) General comments (b)Specific comments

•Click ‘Submit’, if you have no more comments to make.


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