CAIRR update Aug 07, 2019

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CAIRR update Aug 07, 2019

Summary of Guidelines and administrative changes in IBBI Code, 2016 issued on 06/8/2019 and 02/08/2019 respectively are listed below:

  1. IBBI (Continuing Professional Education for Insolvency Professionals) Guidelines, 2019 w.e.f., 1st January 2020:

The Board has mandated Continuous Professional Education (CPE) for an Insolvency Professional (IP) to maintain and upgrade his professional knowledge and skills, which would be monitored by the Insolvency Professional Agency. An IP shall undertake CPE in compliance with these Guidelines to keep his registration valid, failing which he would be in contravention of the IBBI(IP) Regulations, 2016.
Read more…

  1. IBBI (Medical Facility to Chairperson and Whole -time Members) Scheme Rules, 2019:

The Board has issued rules with regards to Medical Facility to Chairperson and Whole-time Members, which provides provisions to the Chairperson and the whole-time members for Re-imbursement of expenses incurred on outdoor treatment and Annual cover for Group Mediclaim policy along with the Exercise option available to beneficiary. Read more…

By | 2019-08-07T12:52:47+00:00 August 7th, 2019||0 Comments

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