IBBI issued Measures for facilitating efficient conduct of the processes by the Insolvency Professionals

Feb 05, 2024 | by TeamLease RegTech Legal Research Team

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Secretarial ComplianceThe Insolvency and Bankruptcy Board of India, (IBBI) on February 01, 2024, issued Measures for facilitating efficient conduct of the processes by the Insolvency Professionals.

The following has been stated-

•Clarification about rendering professional service by an IP in the implementation of the resolution plan approved by the Adjudicating Authority.

•Clarification on compliance regarding billing/invoicing for services availed by IP from professionals

[Notification No. IBBI/IP/65/2024]


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