IBBI asks IPs to inform Board about important matters relating to the interpretation of IBC
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- By Chetan Kulasri
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- Last Updated on 15 September, 2022
Latest from Taxmann
Circular No. IBBI/PROS/53/2022, Dated 13.09.2022
The IBBI has advised Insolvency Professionals (IPs) to inform IBBI without any delay about any important issues relating to vires, interpretation and applicability of the provisions of the Code, Rules and Regulations made thereunder are being contested before the High Courts and the Supreme Court, in respect of any assignment handled by them as on date. Further, the information as above shall be submitted by IPs as and when any such case is filed before Supreme Court and High Courts.
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