Insolvency & Bankruptcy Board of India - 2024

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Notifications

Circulars

Guidelines

Notifications:

• The IBBI (Insolvency Resolution Process for Corporate Persons) (Second Amendment) Regulations, 2024
• The IBBI (Salary, Allowances and other Terms and Conditions of Service of Chairperson and members) Amendment Rules, 2024
• The IBBI (Insolvency Resolution Process for Corporate Persons) (Amendment) Regulations, 2024
• The Insolvency and Bankruptcy Board of India (Liquidation Process) (Amendment) Regulations, 2024
• IBBI (Bankruptcy Process for Personal Guarantors to Corporate Debtors) (Amendment) Regulations, 2024
• IBBI (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) (Amendment) Regulations, 2024
• IBBI (Voluntary Liquidation Process) (Amendment) Regulations, 2024
• IBBI (Insolvency Professionals) (Amendment) Regulations, 2024

Circulars:

• Centralized Electronic Listing and Auction Platform for the Sale of Assets under Liquidation Process
• Extension of time for filing Forms to monitor voluntary liquidation processes under the Insolvency and Bankruptcy Code, 2016, and the regulations made thereunder
• Extension of time for filing Forms to monitor liquidation processes under the Insolvency and Bankruptcy Code, 2016, and the regulations made thereunder
• Generation of Valuation Report Identification Number for valuation conducted by Register Valuer under Insolvency and Bankruptcy Code, 2016
• Filing Forms to monitor Voluntary liquidation processes under the Insolvency and Bankruptcy Code, 2016, and the regulations made thereunder
• Filing Forms to monitor liquidation processes under the Insolvency and Bankruptcy Code, 2016, and the regulations made thereunder
• Uploading of judicial orders related to insolvency proceedings by Insolvency Professionals
• Partial modification to the circular no. IBBI/LIQ/61/2023 dated 28th September 2023 titled ‘Clarification w.r.t. Liquidators’ fee under clause (b) of sub-regulation (2) of Regulation 4 of IBBI (Liquidation Process) Regulations, 2016
• Enhancing Transparency and Stakeholder Engagement in Liquidation Process
• Deposit and withdrawal of unclaimed dividends and / or undistributed proceeds in accordance with regulation 46 of the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016
• Deposit and withdrawal of unclaimed dividends and / or undistributed proceeds in accordance with regulation 39 of the Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) Regulations, 2017
• Reporting / Sharing of information in the Voluntary Liquidation process
• Sharing of the Report prepared by the Resolution Professional under section 99 of the Insolvency and Bankruptcy Code, 2016 to both debtor and creditor
• Measures for rationalisation of the regulatory framework of Insolvency Professional Entities
• Measures for facilitating efficient conduct of the processes by the Insolvency Professionals
• Reduction of cooling-off period between two consecutive attempts in Limited Insolvency Examination and Valuation Examinations

Guidelines:

• Guidelines for Committee of Creditors