In exercise of the powers conferred under sections 196, 217, 218, 219, 220 read with section 240 of the Insolvency and Bankruptcy Code

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-16082024-256399 EXTRAORDINARY PART III- Section 4 PUBLISHED BY AUTHORITY No. 617] NEW DELHI, TUESDAY, AUGUST 13 2024/SHRAVANA 22, 1946 5141 GI/2024 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III-SEC.4] INSOLVENCY AND BANKRUPTCY BOARD OF INDIA NOTIFICATION New Delhi, the 13th August, 2024 Insolvency and Bankruptcy Board of India (Inspection and Investigation) (Amendment) Regulations, 2024 No. IBBI/2024-25/GN/REG115.— In exercise of the powers conferred under sections 196, 217, 218, 219, 220 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 further to amend the Insolvency and Bankruptcy Board of India (Inspection and Investigation) Regulations, 2017, namely: - 1. (1) These Regulations may be called the Insolvency and Bankruptcy Board of India (Inspection and Investigation) (Amendment) Regulations, 2024. (2) They shall come into force on the date of their publication in the Official Gazette. 2. In the Insolvency and Bankruptcy Board of India (Inspection and Investigation) Regulations, 2017, in regulation 13, in sub-regulation (2), for the words "thirty-five days of the date of the issuance of the show-cause notice", the words "sixty days from the due date for receipt of reply to the show-cause notice" shall be substituted. RAVI MITAL, Chairperson [ADVT.-III/4/Exty./386/2024-25] Note: The Insolvency and Bankruptcy Board of India (Inspection and Investigation) Regulations, 2017 were published vide Notification No. IBBI/2017-18/GN/REG011 on 12th June, 2017 in the Gazette of India, Extraordinary, Part III, Section 4, No. 239 dated 12th June, 2017 and were last amended by the Insolvency and Bankruptcy Board of India (Inspection and Investigation) (Amendment) Regulations, 2022 published vide Notification No. IBBI/2022-23/GN/REG/087, dated the 14th June, 2022 in the Gazette of India, Extraordinary, Part III, Section 4, No. 305 on 14th June, 2022. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054. GORAKHA NATH YADAVA