Adani Enterp. 1920.30↑9.05(0.47%)
Adani Ports 683.90↑4.15(0.61%)
Apollo Hospitals 4602.50↑49.30(1.08%)
Asian Paints 3012.95↑30.10(1.01%)
Axis Bank 865.30↓-0.65(-0.08%)
B P C L 365.45↓-2.90(-0.79%)
Bajaj Auto 4463.10↑5.40(0.12%)
Bajaj Finance 6389.85↓-0.40(-0.01%)
Bajaj Finserv 1359.25↓-15.20(-1.11%)
Bharti Airtel 787.30↓-1.80(-0.23%)
Britannia Inds. 4626.00↑38.95(0.85%)
Cipla 924.80↓-8.70(-0.93%)
Coal India 237.40↓-0.05(-0.02%)
Divi's Lab. 3290.80↑8.25(0.25%)
Dr Reddy's Labs 4942.50↓-25.50(-0.51%)
Eicher Motors 3355.10↑15.80(0.47%)
Grasim Inds 1752.50↓-7.35(-0.42%)
H D F C 2702.30↓-159.75(-5.58%)
HCL Technologies 1055.55↓-11.25(-1.05%)
HDFC Bank 1625.65↓-102.15(-5.91%)
HDFC Life Insur. 539.70↓-6.80(-1.24%)
Hero Motocorp 2547.25↑32.75(1.30%)
Hind. Unilever 2500.75↓-6.00(-0.24%)
Hindalco Inds. 434.25↓-11.25(-2.53%)
ICICI Bank 926.95↑5.25(0.57%)
IndusInd Bank 1073.30↓-61.30(-5.40%)
Infosys 1259.10↓-14.45(-1.13%)
ITC 428.75↑4.15(0.98%)
JSW Steel 733.35↓-5.35(-0.72%)
Kotak Mah. Bank 1928.70↓-18.90(-0.97%)
Larsen & Toubro 2377.50↑20.60(0.87%)
M & M 1211.20↓-20.50(-1.66%)
Maruti Suzuki 8948.65↑148.05(1.68%)
Nestle India 22019.85↑326.10(1.50%)
NTPC 174.25↓-2.10(-1.19%)
O N G C 160.30↓-0.70(-0.43%)
Power Grid Corpn 241.05↑2.20(0.92%)
Reliance Industr 2441.75↓-6.25(-0.26%)
SBI Life Insuran 1173.70↑6.25(0.54%)
St Bk of India 576.50↓-3.50(-0.60%)
Sun Pharma.Inds. 970.45↓-3.55(-0.36%)
Tata Consumer 776.25↑0.75(0.10%)
Tata Motors 477.10↓-3.70(-0.77%)
Tata Steel 108.65↓-2.40(-2.16%)
TCS 3230.70↑10.00(0.31%)
Tech Mahindra 1036.40↓-9.05(-0.87%)
Titan Company 2732.90↑62.50(2.34%)
UltraTech Cem. 7628.80↑126.55(1.69%)
UPL 714.85↓-16.65(-2.28%)
Wipro 379.40↓-4.30(-1.12%)

Crowdsourcing ideas: IBBI seeks public views on IBC regulations till date

Stakeholders asked to share comments on all regulations by December 31

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The exercise is likely to ease admission process, streamline resolution, role of service providers, and use of technology

4 min read Last Updated : May 05 2023 | 6:07 PM IST

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In what could result in a complete overhaul of the Insolvency and Bankruptcy Code (IBC), the insolvency regulator has sought public comments on the regulations it notified under the code to date.

The Insolvency and Bankruptcy Board of India (IBBI) has given a window of eight months ending December 31 to all stakeholders to share their views on its regulations.

IBBI has called the exercise “crowdsourcing of ideas”. The insolvency regulator also said that it will process all the comments together and following the due process, it will modify the regulations to the extent considered necessary. IBBI will then modify the regulations by March 31, 2024 and bring them into force on April 1, 2024.