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IBBI amends regulation on Model Bye-Laws and Governing Board of Insolvency Professional Agencies

April 28, 2021
The IBBI has notified the IBBI (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) (Second Amendment) Regulations, 2021 whereby it has clarified that the authorisation for assignment if not issued, renewed or rejected by the Agency within thirty days of the date of receipt of application, the authorisation shall be deemed to have been issued or renewed, as the case may be
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