Skip to content
Home› India› Insolvency and Bankruptcy Board of India› Gazette› In exercise of the powers conferred...

In exercise of the powers conferred by clause t of sub section 1 of section 196, section 240 read with clause e of section 2 of the Insolvency and Bankruptcy Code

Date: 1st February 2024
Category: Extra Ordinary
New Delhi

Read or download the official PDF of this gazette notification issued by the Insolvency and Bankruptcy Board of India on 1st February 2024. Classified under Extra Ordinary.

Official Gazette Notification Text

Official Transcript

रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-01022024-251689 xxxGIDHxxx CG-DL-E-01022024-251689 xxxGIDExxx असाधारण EXTRAORDINARY भाग III—खण् ड 4 PART III—Section 4 प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 71] नई दिल्ली, बुधवार, िनवरी 31, 2024/माघ 11, 1945 No. 71] NEW DELHI, WEDNESDAY, JANUARY 31, 2024/MAGHA 11, 1945 भारतीय दिवाला और िोधन अक्षमता बोड ड अजधसचू...

PolicyIndex Takeaway
Get AI summary →
  • ✓ The gazette notification introduces the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Personal Guarantors to Corporate Debtors) (Amendment) Regulations, 2024. These regulations amend the 2019 regulations concerning the insolvency resolution process for personal guarantors to corporate debtors.
  • ✓ Regulation 4 of the principal regulations (2019) is amended. Specifically, in sub-regulation (1), in Explanation, in clause (i):
  • ✓ The word 'and' is inserted after 'guarantor;' in sub-clause (a).
  • ✓ The mark ';' is replaced with '.' in sub-clause (b).
  • ✓ Sub-clause (c) is omitted.

Get daily policy updates in your inbox

Choose the sectors and regulators you care about. We'll send only what matters to you.

No spam. Unsubscribe anytime.