Regulation 6A of IBBI (Grievance and Complaint Handling Procedure) Regulations, 2017 – Disposal of grievance by Insolvency Professional Agency

The Insolvency and Bankruptcy Code, 2016 IBBI (Grievance and Complaint Handling Procedure) Regulations, 2017 Chapter III – Disposal of […]

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The Insolvency and Bankruptcy Code, 2016

IBBI (Grievance and Complaint Handling Procedure) Regulations, 2017

Chapter III – Disposal of Grievance

Regulation 6A: Disposal of grievance by Insolvency Professional Agency

1[6A. (1) Notwithstanding anything contained in regulation 6, the Board may forward a grievance against an insolvency professional for disposal by the insolvency professional agency of which he is a professional member.

(2) On receipt of the grievance under sub-regulation (1), the insolvency professional agency shall dispose of the grievance in accordance with its bye-laws and intimate the Board within thirty days of receipt of grievance.]


References

1. Inserted by IBBI (Grievance and Complaint Handling Procedure) (Amendment) Regulations, 2022 vide Notification No. IBBI/2022-23/GN/REG086 dated 14th June, 2022, w.e.f. 14.06.2022.

 



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