The Insolvency and Bankruptcy Board of India (IBBI) on January 28, 2025, notified the Insolvency and Bankruptcy Board of India (Grievance and Complaint Handling Procedure) (Amendment) Regulations, 2025 to further amend the Insolvency and Bankruptcy Board of India (Grievance and Complaint Handling Procedure) Regulations, 2017.
The following has been stated-
•In regulation 3, in sub-regulation (4), in the proviso, for the figure and word "30 days", the following words shall be substituted, namely: - "thirty days 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 the case may be"
[Notification No.IBBI/2024-25/REG119]
