The Insolvency and Bankruptcy Board of India (IBBI) on July 04, 2022, amend the Insolvency and Bankruptcy Board of India (Insolvency Professional Agencies) Regulations, 2016 to the Insolvency and Bankruptcy Board of India (Insolvency Professional Agencies) (Amendment) Regulations, 2022.
They shall come into force on the date of their publication in the Official Gazette.
The following regulation shall be substituted, namely-
“Disciplinary proceedings.
8. The disciplinary proceedings shall be conducted in accordance with the provisions of the Insolvency and Bankruptcy Board of India (Inspection and Investigation) Regulations, 2017.”
[No. IBBI/2022-23/GN/REG089]