The Insolvency and Bankruptcy Board of India (IBBI) on July 20, 2023, issued the Insolvency and Bankruptcy Board of India (Insolvency Professionals) (Amendment) Regulations, 2023, to further amend Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations, 2016.
The following has been stated namely: -
• Regulation 5 which states “Qualifications and experience” in clause (c)(ii) has been amended namely: -
Before the words “Graduate Insolvency Programme”, the word “Post” shall be inserted.
• In the principal regulations, in the Second Schedule, in Form A, in caption B. QUALIFICATIONS: EDUCATIONAL, PROFESSIONAL, INSOLVENCY EXAMINATION AND PRE-REGISTRATION EDUCATIONAL COURSE, in table (iii) Insolvency Examination, in Sl. No. 2 row, before the words “Graduate Insolvency Programme”, the word “Post” shall be inserted.
[Notification No. IBBI/2023-24/GN/REG103]
