IBC – To reduce cost, simplify and ease of compliance under Regulations -Suggestions vide IBBI release of 12.10.2023 – Salutary and much-needed reforms to reduce compliance burden
IBBI reviews the regulations after every three years. Similarly, in the last Finance Budget, it was announced to carry out comprehensive review of existing regulations, to consider suggestions of public and regulated entities to simplify, ease and reduce cost of compliance
Salutary step and decision of IBBI to invite suggestions for ease of doing business in compliance sector.