Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Personal Guarantors to Corporate Debtors) (Amendment) Regulations, 2024

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..... Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Personal Guarantors to Corporate Debtors) (Amendment) Regulations, 2024 No. IBBI/2023-24/GN/REG107 . In exercise of the powers conferred by clause (t) of sub-section (1) of section 196 , section 240 read with clause (e) of section 2 of the Insolvency and Bankruptcy Code, 2016 (31 of 2016) , the Insolvency and .....

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..... (i) in sub-clause (a), after the word and mark guarantor; , the word and shall be inserted. (ii) in sub-clause (b), for the mark and word ; and , the mark . shall be substituted. (iii) sub-clause (c) shall be omitted. 3. In the principal regulations, after regulation 17 , the following shall be inserted namely: - 17A. Meeting of the creditors. The resolution profession .....

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