CIRP Regulations definition

CIRP Regulations means, the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations 2016;

Examples of CIRP Regulations in a sentence

  • The SCN alleged contravention of section 25A(3A), 208(2)(a), 208(2)(e) of the Code, regulation 17(3) and 40A of IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 (CIRP Regulations), regulations 7(2)(a) and 7(2)(h) of IP Regulations, clauses 10, 13 and 25 of Code of Conduct of IP Regulations.

  • The Resolution Plan has been approved by [state the number of votes by which Resolution Plan was approved by CoC] % of voting share of financial creditors after considering its feasibility and viability and other requirements specified by the CIRP Regulations.

  • The Resolution Plan includes a statement under regulation 38(1A) of the CIRP Regulations as to how it has dealt with the interests of all stakeholders in compliance with the Code and regulations made thereunder.

  • In view of the above, the Board was of prima facie view that Mr. Niranjan inter alia violated section 208(2)(a) and 208(2)(e) of Code, regulation 17(3) and 40A of CIRP Regulations, regulation 7(2)(a), 7(2)(h) of IP Regulations and clause 13 of Code of Conduct of IP Regulations.

  • Hence DC finds that Mr. Niranjan has violated section 208(2)(a) and 208(2)(e) of Code, regulation 17(3) and 40A of IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 (CIRP Regulations), regulation 7(2)(a), 7(2)(h) of IP Regulations and clause 13 of Code of Conduct of IP Regulations.

  • Authorization for appointment of valuers for ascertaining fair value and liquidation value of the Corporate Debtor (under Regulation 27 of CIRP Regulations).

  • As per the provisions of the Code and the CIRP Regulations, in the event that the Prospective Resolution Applicant is mentioned in the final list of prospective resolution applicants issued by the RP, the Prospective Resolution Applicant shall have the right to submit a resolution plan for the Corporate Debtor to the RP.

  • Undertaking under Regulation 36A (7) of IBBI (CIRP) Regulations 2016, on a stamp paper of appropriate value (as per Annexure F) Further, it should be noted that at any stage of the process, the Resolution Professional may ask for any documents from the to evaluate their eligibility.


More Definitions of CIRP Regulations

CIRP Regulations means, IBBI Insolvency Resolution Process for (Corporate Persons) Regulations, 2016 as amended from time to time;
CIRP Regulations means the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016, as amended as on the date of filing of this Resolution Plan; “Cut-off Date” means the date on which NCLT gives its approval on the Resolution Plan in accordance with the

Related to CIRP Regulations

  • CFTC Regulations means the rules and regulations promulgated by the CFTC, as amended.

  • UCITS Regulations means the European Communities Undertakings for Collective Investment in Transferable Securities) Regulations, 2011 (S.I. No. 352 of 2011) (as amended consolidated or substituted from time to time) and any regulations or notices issued by the Central Bank pursuant thereto for the time being in force.

  • the 2000 Regulations means the Water Supply (Water Quality) Regulations 2000(b); "the 2001 Regulations" means the Water Supply (Water Quality) Regulations 2001(c);

  • the 2002 Regulations means the Traffic Signs Regulations and General Directions 2002;

  • Regulations means the Income Tax Regulations promulgated under the Code, as such regulations may be amended from time to time (including corresponding provisions of succeeding regulations).