The Insolvency and Bankruptcy Code, 2016
IBBI (Bankruptcy Process for Personal Guarantors to Corporate Debtors) Regulations, 2019
Chapter II – Bankruptcy Trustee
Regulation 13: Preservation of records.
13. The bankruptcy trustee shall preserve a physical or electronic copy of the registers, books, reports, minutes of meetings and other records relating to bankruptcy process, including administration of estate of the bankrupt as per the record retention schedule as may be communicated by the Board in consultation with insolvency professional agencies.
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