Disciplinary Committee Members Must Not Be Involved in Any Stage of Investigation or Inspection | IBBI Clarifies
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- By Chetan Kulasri
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- Last Updated on 31 January, 2025
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Notification F. No. IBBI/2024-25/GN/REG118, Dated: 28.01.2025
The Insolvency and Bankruptcy Board of India (IBBI) has notified an amendment to the Inspection and Investigation Regulations, 2017, to clarify the role of Disciplinary Committee members. The board explicitly defines ‘associated’ as involvement in the conduct of investigation or inspection, consideration of the investigation or inspection report, or issuance of show cause notice.
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