Regulation 31B - Approval of committee for insolvency resolution process costs - Insolvency and Bankruptcy Board of India (Insolvency Resolution Process For Corporate Persons) Regulations, 2016

1 [ 31B. Approval of committee for insolvency resolution process costs. The insolvency professional shall place in each meeting of the committee, the operational status of the corporate debtor and shall seek its approval for all costs, which are part of insolvency resolution process costs. ] **************** NOTES:- 1. Inserted vide Notification No. IBBI/2023-24/GN/REG113 dated 15-02-2024