Current Affairs - National - Discussion

Discussion :: National - Latest Current Affairs (Q.No.660)

660. 

Who amended Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016?

[A]. IBBI
[B]. IDBI
[C]. RBI
[D]. SEBI

Answer: Option A

Explanation:

In exercise of the powers conferred by clause (t) of sub-section (1) of section 196 read with section 240 of the Insolvency and Bankruptcy Code, 2016 (31 of 2016), the Insolvency and Bankruptcy Board of India (IBBI) amended the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016 by the Insolvency and Bankruptcy Board of India (Liquidation Process) (Third Amendment) Regulations, 2020.

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