Regulation 4D - Operating separate bank account for each real estate project - Insolvency and Bankruptcy Board of India (Insolvency Resolution Process For Corporate Persons) Regulations, 2016

1 [ 4D. Operating separate bank account for each real estate project. Where the corporate debtor has any real estate project, the interim resolution professional or the resolution professional, as the case may be, shall operate a separate bank account for each real estate project. ] **************** NOTES:- 1. Inserted vide Notification No. IBBI/2023-24/GN/REG113 dated 15-02-2024