NEW DELHI: The Insolvency and Bankruptcy Board of India (IBBI) is scheduled to hold a meeting around November to discuss and finalise draft rules under the Insolvency and Bankruptcy Code, 2016.
These draft rules were notified earlier this month and put out for public comments till 31 October. The Centre has, till now, notified six draft regulations under the code prepared by a working group of experts. Hopefully, the final rules should be ready by next month, said sources.
The board will discuss public comments that are being sought currently and finalise draft rules to be notified under the code during the first half of the next month, said the sources.
The government has already constituted the IBBI, while it is expected that t…
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