IBBI withdraws circular w.r.t applicability of the IBBI Regulations, 2019

  • Blog|Insolvency and Bankruptcy Code|News|
  • |
  • < 1 minute
  • By Taxmann
  • |
  • Last Updated on 10 May, 2022

IBBI Amendment Regulations 2019 withdrawn

Circular No. IBBI/LIQ/2/2022 dated 06.05.2022

IBBI had notified the IBBI (Liquidation Process) (Amendment) Regulations, 2019. Subsequently, on 26th August, 2019, the Board had issued a circular clarifying that the amendment Regulations 2019 are applicable only to liquidation processes commenced on or after 25th July 2019. As IBBI notified the IBBI (Liquidation Process) Amendment Regulations, 2022, and clarified w.r.t the applicability of liquidation regulation. Therefore, IBBI has now withdrawn the circular dated Aug, 26, 2019.

Click Here To Read The Full Circular

Disclaimer: The content/information published on the website is only for general information of the user and shall not be construed as legal advice. While the Taxmann has exercised reasonable efforts to ensure the veracity of information/content published, Taxmann shall be under no liability in any manner whatsoever for incorrect information, if any.

Leave a Reply

Your email address will not be published. Required fields are marked *

Everything on Tax and Corporate Laws of India

To subscribe to our weekly newsletter please log in/register on Taxmann.com

Author: Taxmann

Taxmann Publications has a dedicated in-house Research & Editorial Team. This team consists of a team of Chartered Accountants, Company Secretaries, and Lawyers. This team works under the guidance and supervision of editor-in-chief Mr Rakesh Bhargava.

The Research and Editorial Team is responsible for developing reliable and accurate content for the readers. The team follows the six-sigma approach to achieve the benchmark of zero error in its publications and research platforms. The team ensures that the following publication guidelines are thoroughly followed while developing the content:

  • The statutory material is obtained only from the authorized and reliable sources
  • All the latest developments in the judicial and legislative fields are covered
  • Prepare the analytical write-ups on current, controversial, and important issues to help the readers to understand the concept and its implications
  • Every content published by Taxmann is complete, accurate and lucid
  • All evidence-based statements are supported with proper reference to Section, Circular No., Notification No. or citations
  • The golden rules of grammar, style and consistency are thoroughly followed
  • Font and size that's easy to read and remain consistent across all imprint and digital publications are applied