Insolvency and Bankruptcy Board of India (Information Utilities) (Amendment) Regulations, 2017

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..... TION UTILITIES) (AMENDMENT) REGULATIONS, 2017 No. IBBI/2017-18/GN/REG016. -In exercise of the powers conferred by sub-section (1) of section 196 read with section 240 of the Insolvency and Bankruptcy Code, 2016 (31 of 2016) , the Insolvency and Bankruptcy Board of India hereby makes the following regulations to amend the Insolvency and Bankruptcy Board of India (Information Utilities) R .....

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..... hold up to fifty-one percent of the paid-up equity share capital or total voting power of an information utility up to three years from the date of its registration; or (b) an Indian company, (i) which is listed on a recognised Stock Exchange in India, or (ii) where no individual, directly or indirectly, either by himself or together with persons acting in concert, holds more than ten percent o .....

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