Summary of the Circular issued by IBBI dated 02/11/2022
IBBI prescribes revised format of Annual Compliance Certificate for Insolvency Professional Agencies
In furtherance to Circular issued by IBBI dated 31/10/2022 and in consequence of amendments in Insolvency and Bankruptcy Board of India (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) Regulations, 2016, and in suppression of the Circular No: IPA/009/2018 dated 19th April, 2018, the revised format of Annual Compliance Certificate for IPAs has been issued by the Board which has to be submitted within 45 days of the end of the financial year by all the registered IPAs.
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