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In exercise of the powers conferred under sections 196, 217 read with section 240 of the Insolvency and Bankruptcy Code

Date: 29th January 2025
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 29th January 2025. 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.-29012025-260597 xxxGIDHxxx CG-DL-E-29012025-260597 xxxGIDExxx असाधारण EXTRAORDINARY भाग III—खण् ड 4 PART III—Section 4 प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 80] नई दिल्ली, बुधवार, िनवरी 29, 2025/माघ 9, 1946 No. 80] NEW DELHI, WEDNESDAY, JANUARY 29, 2025/MAGHA 9, 1946 भारतीय दिवाला और िोधन अक्षमता बोड ड अजधसचू ना नई...

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  • ✓ The original text stated that the period for grievance resolution should not exceed 30 days.
  • ✓ The amendment modifies the proviso to sub-regulation (4) of regulation 3 of the Insolvency and Bankruptcy Board of India (Grievance and Complaint Handling Procedure) Regulations, 2017.
  • ✓ The amended text specifies that the 30-day period will now be calculated from the date of closure of all proceedings related to the process under the Code before the Adjudicating Authority, the Appellate Authority, the High Court, or the Supreme Court, as applicable.
  • ✓ The gazette notification pertains to the Insolvency and Bankruptcy Board of India (Grievance and Complaint Handling Procedure) (Amendment) Regulations, 2025. It amends the 2017 regulations concerning grievance and complaint handling procedures under the Insolvency and Bankruptcy Code, 2016.

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