Considering the points raised by National Company Law Tribunal in this case, answer the following questions mentioning the relevant Sections of IBC/IBBI (CIRP) Regulations: State the modes or medium through which Public
CS Professional · Insolvency and Bankruptcy - Law and Practice · PYQS · December 2024
Considering the points raised by National Company Law Tribunal in this case, answer the following questions mentioning the relevant Sections of IBC/IBBI (CIRP) Regulations: State the modes or medium through which Public announcements have to be published by IRP/RP as per the Regulations.
Answer & Explanation:
Regulation 6(2) of IBBI CIRP Regulations states that the public announcement referred to in sub-regulation (1) shall: be in Form A of the Schedule-I; be published in one English and one regional language newspaper with wide circulation at the location of the registered office and principal office, if any, of the corporate debtor and any other location where in the opinion of the interim resolution professional, the corporate debtor conducts material business operations; on the website, if any, of the corporate debtor; and on the website, if any, designated by the Board for the purpose.
Topics: Public Announcement
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