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IBBI (Fast Track Insolvency Resolution Process For Corporate Persons) Regulations 2017

Insolvency and Bankruptcy Board of India(IBBI) has notified (IBBI/2017-18/GN/REG 012) the "Insolvency and Bankruptcy Board of India (Fast Track Insolvency Resolution Process for Corporate Persons) Regulations, 2017" in the Extraordinary Gazette of India, on Wednesday, 14th June, 2017.

The said Regulations has been made by the Board in exercise of the powers conferred by sections 58, 196 and 208 read with section 240 of the Insolvency and Bankruptcy Code, 2016 (31 of 2016).

These Regulations shall come into force on 14th June, 2017.

These Regulations shall apply to the fast track process under Chapter IV of Part II of the Code.

To download a copy of the "Insolvency and Bankruptcy Board of India (Fast Track Insolvency Resolution Process for Corporate Persons) Regulations, 2017" - check IBBI official site.

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