IBBI reduces timelines for speedy disposal of grievances
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- By Chetan Kulasri
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- Last Updated on 16 June, 2022
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Notification no. IBBI/2022-23/GN/REG086, Dated: 14.06.2022
The IBBI notifies Insolvency and Bankruptcy Board of India (Grievance and Complaint Handling Procedure) (Amendment) Regulations, 2022. Amendment norms provide that a grievance or a complaint shall be filed with the Board on its dedicated portal https://www.ibbi.gov.in. Also, the timeline for disposal of grievance has been reduced from 45 days to 30 days. Now, Board shall direct the service provider to redress the grievance within 30 days of its receipt if it requires any redress.
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