IBBI issues Proforma for Reporting Liquidator’s Decision Different from Advice of Stakeholders’ Consultation Committee

By Rasheela Basheer - On December 23, 2022 2:43 pm - 2 mins read
IBBI - Liquidator - Stakeholders - Consultation Committee - Taxscan

Insolvency and Bankruptcy Board of India ( IBBI ) issued Proforma for reporting liquidator’s decision(s) different from the advice of Stakeholders’ Consultation Committee (SCC) under proviso to sub-regulation (10) of regulation 31A of IBBI (Liquidation Process) Regulations, 2016. Sub-regulation (1) of regulation 31A of the IBBI (Liquidation Process) Regulations, 2016 (Liquidation Regulations) provides that the…

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