This document contains the Insolvency and Bankruptcy Board of India (IBBI) Employees Service Amendment Regulations, 2018. These regulations, numbered IBBI/2017-18/GN/REG/026, are issued under the authority of subsections (2) and (3) of section 194, read with section 240 of the Insolvency and Bankruptcy Code, 2016 (31 of 2016). The amendment, which comes into force on the date of publication in the Official Gazette (March 26, 2018), omits regulation 14 from the Insolvency and Bankruptcy Board of India Employees Service Regulations, 2017. The notification is issued by Dr. M. S. Sahoo, Chairperson, IBBI. The original IBBI Employees Service Regulations, 2017, were published under notification number IBBI/2017-18/GN/REG/15, dated August 24, 2017, and had not been amended prior to this notification.
Key Entities Referenced
Insolvency and Bankruptcy Board of India: A regulatory body established under the Insolvency and Bankruptcy Code, 2016 in India.
Insolvency and Bankruptcy Code, 2016: A law in India that consolidates and amends the laws relating to reorganization and insolvency resolution of corporate persons, partnership firms and individuals.
New Delhi: The location where the notification was issued.
Insolvency and Bankruptcy Board of India Employees Service Amendment Regulations, 2018: The title of the regulations being notified.
Insolvency and Bankruptcy Board of India Employees Service Regulations, 2017: The regulations being amended by the current notification.
M. S. Sahoo: Chairperson of the Insolvency and Bankruptcy Board of India.
Official Gazette: The official government publication where the regulations are published.
Mayapuri, New Delhi: Location of the Government of India Press.
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[िवIापन-III/4/असा./490/17]
1802 GI/2018 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC. 4]
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INSOLVENCY AND BANKRUPTCY BOARD OF INDIA
NOTIFICATION
New Delhi, the 26th March, 2018
INSOLVENCY AND BANKRUPTCY BOARD OF INDIA (EMPLOYEES’ SERVICE)
(AMENDMENT) REGULATIONS, 2018
No. IBBI/2017-18/GN/REG 026.—In exercise of the powers conferred by sub-sections (2) and (3) of section
194 read with section 240 the Insolvency and Bankruptcy Code, 2016 (31 of 2016) the Insolvency and Bankruptcy
Board of India hereby makes the following regulations to amend the Insolvency and Bankruptcy Board of India
(Employees’ Service) Regulations, 2017, namely:—
1. (1) These regulations may be called Insolvency and Bankruptcy Board of India (Employees’ Service)
(Amendment) Regulations, 2018.
(2) They shall come into force from the date of publication in the Official Gazette.
2. In the Insolvency and Bankruptcy Board of India (Employees’ Service) Regulations, 2017, regulation 14 shall
be omitted.
Dr. M. S. SAHOO, Chairperson
[ADVT.-III/4/Exty/490/17]
Note: The Insolvency and Bankruptcy Board of India (Employees’ Service) Regulations, 2017 were published in the
Gazette of India, Extraordinary vide notification No. IBBI/2017-18/GN/REG15 dated 24th August, 2017 and
these have not been amended so far.
Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064
and Published by the Controller of Publications, Delhi-110054.