Wednesday, March 10, 2021

IBBI issues guidelines for Appointment of Insolvency Professionals as Administrators under SEBI Regu

The Securities and Exchange Board of India (Appointment of Administrator and Procedure for Refunding to the Investors) Regulations, 2018, [Regulations] provide for appointment of Insolvency Professionals (IPs) as Administrators for the purposes specified therein. As a result, the IBBI has prepared guidelines in consultation with SEBI to facilitate appointment of IPs as Administrators.

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