The Insolvency and Bankruptcy Code, 2016
IBBI (Mechanism for Issuing Regulations) Regulations, 2018
Chapter IV – Miscellanous
Regulation 8: Urgent regulations.
8. Where the Board is of the opinion that certain regulations are required to be made or existing regulations are required to be amended urgently, it may make regulations or amend the existing regulations, as the case may be, with the approval of Governing Board, without following the provisions of regulations 4 and 5.
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