Acceptance of the Application by IPAs Must be Communicated to the Applicant Within 60 Days | IBBI
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- Last Updated on 20 September, 2023
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Notification No. IBBI/2023-24/GN/REG105, Dated: 18.09.2023
IBBI has notified an amendment to the IBBI (Model Bye-Laws and Governing Board of IPAs) Regulations, 2016. An amendment has been made in clause 10(7) of the Schedule. Now, the acceptance of the application must be communicated to the applicant within 60 days. Also, in addition to the existing conditions, the agency may refuse to accept the surrender of membership by any professional member if a member doesn’t comply with payment of fees, disciplinary orders, filings and disclosures, etc.
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