IBC Laws | Keep you up2date 🗞️
IBC Laws | Keep you up2date 🗞️
February 4, 2025 at 02:58 PM
*CIRP Regulations Amendments* IBBI has added following new provisions in the CIRP Regulations: -Handing over the possession -Appointment of facilitators, Roles and responsibilities of the facilitator and fee payable to facilitator -RERA to attend such meeting(s) of the committee -Report on the status of development rights and permissions of real estate projects -Details of the corporate debtor’s registration status as a MSME -Relaxation to association or group of allottees in: (a) eligibility criteria for submission of EOI and (b) conditions regarding the refundable deposit/ performance security. -Setting up a monitoring committee Read here: https://ibclaw.in/insolvency-and-bankruptcy-board-of-india-insolvency-resolution-process-for-corporate-persons-amendment-regulations-2025/ Read here amended Regulations: https://ibclaw.in/ibbi-cirp-regulations/
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