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Regulation 5 - Economic Analysis. - Insolvency and Bankruptcy Board of India (Mechanism for Issuing Regulations) Regulations, 2018
Extract
5. Economic Analysis. (1) The Board shall cause an economic analysis of the proposed regulations to be made. (2) The economic analysis shall cover the following:- (a) expected costs to be incurred by, and the benefits that will accrue to, the society, economy, stakeholders and the Board, both directly and indirectly on account of the proposed regulation; and (b) how the proposed regulations further strengthen the objectives of the Code.