IBBI amended the Grievance and Complaint Handling Procedure ...

IBBI Extends Grievance Filing Timeline Under Regulation 3(4) Until 30 Days After Final Legal Proceedings Conclude

January 31, 2025

Notifications IBC

IBBI amended the Grievance and Complaint Handling Procedure Regulations through notification dated January 28, 2025. The key modification extends the timeline in regulation 3(4) for filing grievances or complaints. The new provision allows submission within thirty days from the closure of all proceedings related to the insolvency process, whether before the AA, NCLAT, HC, or SC. This amendment supersedes the previous 30-day fixed timeline and provides flexibility by linking the filing deadline to the conclusion of all related legal proceedings. The regulation aims to ensure stakeholders have adequate time to file complaints after exhausting all available legal remedies under the IBC framework.

View Source

← Previous Next →

IBBI amended the Grievance and Complaint Handling Procedure ...

IBBI Extends Grievance Filing Timeline Under Regulation 3(4) Until 30 Days After Final Legal Proceedings Conclude

January 31, 2025

Notifications IBC

You may also like:

NCLAT addressed the computation of limitation periods for filing appeals under IBC. The tribunal held that while the 30-day limitation period under Section 61 can be...

Maintainability of appeal u/s 107 against cancellation of GST registration due to non-filing of returns discussed. Delay in filing appeal could have been condoned under...

The period of limitation for filing a petition u/s 34 of the Arbitration Act commenced from 1st July 2022, excluding 30th June 2022 when the award was received. The...

ITAT upheld CIT(A)'s decision that assessment order under s.143(3) r.w.s. 144C(3) r.w.s. 144B was time-barred. TPO reference under s.92CA(1) was made on 13.09.2021, with...

Trust filed application for final approval u/s 80G(5) on 02.08.2023, before the extended due date of 30.06.2024 prescribed by CBDT Circular No. 7/2024. Denying...

The assessment order passed u/s 144C(3) was beyond the prescribed period of one month from the end of the month in which the period for filing objections u/s 144C(2)...

The Insolvency and Bankruptcy Board of India (IBBI) has extended the deadline for liquidators to file forms related to liquidation processes under the Insolvency and...

Ex-parte assessment order - service of notice - it is alleged that the orders have been issued in complete violation to section 73 (8) of the GST Act which prescribes...

Assessment of turnover of the applicant as per Section 4(3) of the VAT - levy of tax on turnover of sale has to be done in the manner provided in Section 4(3) of the Act...

Exemption from GST on reverse charge basis u/s 5(4) extended till 30.06.2018

HC affirmed dismissal of GST appeal filed after 7-month delay. Section 107(4) of GST Act explicitly limits appellate authority's power to condone delay to 30 days only....

Central Government amends Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016. Key changes: Substitutes form numbers...

Seeking Condonation of Delay of 14 days in filing of the Appeal - It is really strange that the agency of the Government failed to seek the required information within...

SEBI introduced Integrated Filing for listed entities combining governance and financial periodic filings under LODR Regulations. Timelines revised for quarterly...

Passive schemes like equity oriented ETFs and Index Funds based on widely tracked and non-bespoke indices can invest up to 35% of net assets in group companies of...

Quick Updates: