LatestLegalOctober 2023

IBC – Insolvency Professional Entities – Discussion Paper launched by IBBI on 20.10.2023 on important issues on need for enhancing their effectiveness – Submission of comments by 11.11.2023

 Microsoft Word – Discussion+Paper+with+Amendments-IPEs_201023 (ibbi.gov.in)

Four important issues –

1)    Monitoring of IPE acting as IP

2)    Related Party Definition for an IPE acting as IP

3)    Restriction on Number of Assignments by an IP

4)    Minimum Fee Structure of an IPE acting as IP

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