{"id":160464,"date":"2017-09-29T12:00:44","date_gmt":"2017-09-29T06:30:44","guid":{"rendered":"http:\/\/www.scconline.com\/blog\/?p=160464"},"modified":"2017-09-29T12:00:44","modified_gmt":"2017-09-29T06:30:44","slug":"national-e-governance-services-ltd-registered-as-an-information-utility-under-the-ibbi-information-utilities-regulations-2017","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2017\/09\/29\/national-e-governance-services-ltd-registered-as-an-information-utility-under-the-ibbi-information-utilities-regulations-2017\/","title":{"rendered":"National E-Governance Services Ltd. registered as an Information Utility under the IBBI (Information Utilities) Regulations, 2017"},"content":{"rendered":"

The Insolvency and Bankruptcy Board of India (IBBI) registered National E-Governance Services Limited (NeSL) as an Information Utility (IU) under the IBBI (Information Utilities) Regulations, 2017. This registration is valid for five years from the date of registration.<\/p>\n

IU stores financial information that helps to establish defaults as well as verify claims expeditiously and thereby facilitates completion of transactions under the Insolvency and Bankruptcy Code, 2016 in a time bound manner. It constitutes a key pillar of the insolvency and bankruptcy ecosystem, the other three being the Adjudicating Authority (National Company Law Tribunal and Debt Recovery Tribunal), the IBBI and Insolvency Professionals.<\/p>\n

NeSL becomes the first IU registered by the IBBI. According to the information submitted for registration, its Board of Directors comprises:<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n
Sl. No.<\/strong><\/td>\nName and Profession of Director<\/strong><\/td>\nPosition<\/strong><\/td>\n<\/tr>\n
1<\/td>\nMr. N. Rangachary<\/td>\nIndependent Director and Chairman<\/td>\n<\/tr>\n
2<\/td>\nDr. Nivedita Haran<\/td>\nIndependent Director<\/td>\n<\/tr>\n
3<\/td>\nProf. S. Sadagopan<\/td>\nIndependent Director<\/td>\n<\/tr>\n
4<\/td>\nDr. Ajay N. Shah<\/td>\nIndependent Director<\/td>\n<\/tr>\n
5<\/td>\nMr. T.S. Vishwanath<\/td>\nIndependent Director<\/td>\n<\/tr>\n
6<\/td>\nMr. Sekar Karnam<\/td>\nDirector<\/td>\n<\/tr>\n
7<\/td>\nMr. Gurpreet Singh Chawla<\/td>\nDirector<\/td>\n<\/tr>\n
8<\/td>\nMr. P. Sanker<\/td>\nDirector<\/td>\n<\/tr>\n
9<\/td>\nMr. S. Ramann<\/td>\nManaging Director<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

The shareholding pattern of the NeSl as on the date of registration is as under:<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Sl. No.<\/strong><\/td>\nName of Shareholder<\/strong><\/td>\nPercentage of Shareholding<\/strong><\/td>\n<\/tr>\n
1<\/td>\nLife Insurance Corporation of India<\/td>\n6%<\/td>\n<\/tr>\n
2<\/td>\nState Bank of India<\/td>\n10%<\/td>\n<\/tr>\n
3<\/td>\nCanara Bank<\/td>\n10%<\/td>\n<\/tr>\n
4<\/td>\nBank of Baroda<\/td>\n10%<\/td>\n<\/tr>\n
5<\/td>\nICICI Bank Ltd.<\/td>\n9.9%<\/td>\n<\/tr>\n
6<\/td>\nAxis Bank Ltd.<\/td>\n9.5%<\/td>\n<\/tr>\n
7<\/td>\nKarnataka Bank Ltd.<\/td>\n6%<\/td>\n<\/tr>\n
8<\/td>\nHDFC<\/td>\n5%<\/td>\n<\/tr>\n
9<\/td>\nIndian Bank<\/td>\n5%<\/td>\n<\/tr>\n
10<\/td>\nPunjab National Bank<\/td>\n5%<\/td>\n<\/tr>\n
11<\/td>\nNew India Assurance Company Ltd.<\/td>\n5%<\/td>\n<\/tr>\n
12<\/td>\nUnion Bank of India<\/td>\n5%<\/td>\n<\/tr>\n
13<\/td>\nCentral Depository Services (India) Ltd.<\/td>\n4%<\/td>\n<\/tr>\n
14<\/td>\nDena Bank<\/td>\n4%<\/td>\n<\/tr>\n
15<\/td>\nNABARD<\/td>\n2%<\/td>\n<\/tr>\n
16<\/td>\nUnited India Insurance<\/td>\n2%<\/td>\n<\/tr>\n
17<\/td>\nSIDBI<\/td>\n1.6%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

NeSL has appointed Mr. G.M. Srinivasa Bhat as Compliance Officer under Regulation 11 of the IBBI (Information Utilities) Regulations, 2017.<\/p>\n

Ministry of Corporate Affairs<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

The Insolvency and Bankruptcy Board of India (IBBI) registered National E-Governance Services Limited (NeSL) as an Information Utility (IU) under the IBBI <\/p>\n","protected":false},"author":91,"featured_media":160494,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1188,2],"tags":[],"class_list":["post-160464","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hot_off_the_press","category-news"],"yoast_head":"\nNational E-Governance Services Ltd. registered as an Information Utility under the IBBI (Information Utilities) Regulations, 2017 | SCC Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.scconline.com\/blog\/post\/2017\/09\/29\/national-e-governance-services-ltd-registered-as-an-information-utility-under-the-ibbi-information-utilities-regulations-2017\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"National E-Governance Services Ltd. registered as an Information Utility under the IBBI (Information Utilities) Regulations, 2017\" \/>\n<meta property=\"og:description\" content=\"The Insolvency and Bankruptcy Board of India (IBBI) registered National E-Governance Services Limited (NeSL) as an Information Utility (IU) under the IBBI\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.scconline.com\/blog\/post\/2017\/09\/29\/national-e-governance-services-ltd-registered-as-an-information-utility-under-the-ibbi-information-utilities-regulations-2017\/\" \/>\n<meta property=\"og:site_name\" content=\"SCC Times\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/scc.online\/\" \/>\n<meta property=\"article:published_time\" content=\"2017-09-29T06:30:44+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Insolvency-and-Bankruptcy-Board-of-India.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"460\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Saba\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Saba\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2017\/09\/29\/national-e-governance-services-ltd-registered-as-an-information-utility-under-the-ibbi-information-utilities-regulations-2017\/\",\"url\":\"https:\/\/www.scconline.com\/blog\/post\/2017\/09\/29\/national-e-governance-services-ltd-registered-as-an-information-utility-under-the-ibbi-information-utilities-regulations-2017\/\",\"name\":\"National E-Governance Services Ltd. registered as an Information Utility under the IBBI (Information Utilities) Regulations, 2017 | SCC Times\",\"isPartOf\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2017\/09\/29\/national-e-governance-services-ltd-registered-as-an-information-utility-under-the-ibbi-information-utilities-regulations-2017\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2017\/09\/29\/national-e-governance-services-ltd-registered-as-an-information-utility-under-the-ibbi-information-utilities-regulations-2017\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Insolvency-and-Bankruptcy-Board-of-India.jpg\",\"datePublished\":\"2017-09-29T06:30:44+00:00\",\"author\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/e8e76b10dfc9c0d576324bfdbb2c2785\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2017\/09\/29\/national-e-governance-services-ltd-registered-as-an-information-utility-under-the-ibbi-information-utilities-regulations-2017\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.scconline.com\/blog\/post\/2017\/09\/29\/national-e-governance-services-ltd-registered-as-an-information-utility-under-the-ibbi-information-utilities-regulations-2017\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2017\/09\/29\/national-e-governance-services-ltd-registered-as-an-information-utility-under-the-ibbi-information-utilities-regulations-2017\/#primaryimage\",\"url\":\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Insolvency-and-Bankruptcy-Board-of-India.jpg\",\"contentUrl\":\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Insolvency-and-Bankruptcy-Board-of-India.jpg\",\"width\":800,\"height\":460},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2017\/09\/29\/national-e-governance-services-ltd-registered-as-an-information-utility-under-the-ibbi-information-utilities-regulations-2017\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.scconline.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"National E-Governance Services Ltd. registered as an Information Utility under the IBBI (Information Utilities) Regulations, 2017\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.scconline.com\/blog\/#website\",\"url\":\"https:\/\/www.scconline.com\/blog\/\",\"name\":\"SCC Times\",\"description\":\"Bringing you the Best Analytical Legal News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.scconline.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/e8e76b10dfc9c0d576324bfdbb2c2785\",\"name\":\"Saba\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/a815285315cd85d8b3246c60ed8ed99825949c1b85b370c49212daa54ededa98?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/a815285315cd85d8b3246c60ed8ed99825949c1b85b370c49212daa54ededa98?s=96&d=mm&r=g\",\"caption\":\"Saba\"},\"url\":\"https:\/\/www.scconline.com\/blog\/post\/author\/editor_2\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"National E-Governance Services Ltd. registered as an Information Utility under the IBBI (Information Utilities) Regulations, 2017 | SCC Times","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.scconline.com\/blog\/post\/2017\/09\/29\/national-e-governance-services-ltd-registered-as-an-information-utility-under-the-ibbi-information-utilities-regulations-2017\/","og_locale":"en_US","og_type":"article","og_title":"National E-Governance Services Ltd. registered as an Information Utility under the IBBI (Information Utilities) Regulations, 2017","og_description":"The Insolvency and Bankruptcy Board of India (IBBI) registered National E-Governance Services Limited (NeSL) as an Information Utility (IU) under the IBBI","og_url":"https:\/\/www.scconline.com\/blog\/post\/2017\/09\/29\/national-e-governance-services-ltd-registered-as-an-information-utility-under-the-ibbi-information-utilities-regulations-2017\/","og_site_name":"SCC Times","article_publisher":"https:\/\/www.facebook.com\/scc.online\/","article_published_time":"2017-09-29T06:30:44+00:00","og_image":[{"width":800,"height":460,"url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Insolvency-and-Bankruptcy-Board-of-India.jpg","type":"image\/jpeg"}],"author":"Saba","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Saba","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.scconline.com\/blog\/post\/2017\/09\/29\/national-e-governance-services-ltd-registered-as-an-information-utility-under-the-ibbi-information-utilities-regulations-2017\/","url":"https:\/\/www.scconline.com\/blog\/post\/2017\/09\/29\/national-e-governance-services-ltd-registered-as-an-information-utility-under-the-ibbi-information-utilities-regulations-2017\/","name":"National E-Governance Services Ltd. registered as an Information Utility under the IBBI (Information Utilities) Regulations, 2017 | SCC Times","isPartOf":{"@id":"https:\/\/www.scconline.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2017\/09\/29\/national-e-governance-services-ltd-registered-as-an-information-utility-under-the-ibbi-information-utilities-regulations-2017\/#primaryimage"},"image":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2017\/09\/29\/national-e-governance-services-ltd-registered-as-an-information-utility-under-the-ibbi-information-utilities-regulations-2017\/#primaryimage"},"thumbnailUrl":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Insolvency-and-Bankruptcy-Board-of-India.jpg","datePublished":"2017-09-29T06:30:44+00:00","author":{"@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/e8e76b10dfc9c0d576324bfdbb2c2785"},"breadcrumb":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2017\/09\/29\/national-e-governance-services-ltd-registered-as-an-information-utility-under-the-ibbi-information-utilities-regulations-2017\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.scconline.com\/blog\/post\/2017\/09\/29\/national-e-governance-services-ltd-registered-as-an-information-utility-under-the-ibbi-information-utilities-regulations-2017\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.scconline.com\/blog\/post\/2017\/09\/29\/national-e-governance-services-ltd-registered-as-an-information-utility-under-the-ibbi-information-utilities-regulations-2017\/#primaryimage","url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Insolvency-and-Bankruptcy-Board-of-India.jpg","contentUrl":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Insolvency-and-Bankruptcy-Board-of-India.jpg","width":800,"height":460},{"@type":"BreadcrumbList","@id":"https:\/\/www.scconline.com\/blog\/post\/2017\/09\/29\/national-e-governance-services-ltd-registered-as-an-information-utility-under-the-ibbi-information-utilities-regulations-2017\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.scconline.com\/blog\/"},{"@type":"ListItem","position":2,"name":"National E-Governance Services Ltd. registered as an Information Utility under the IBBI (Information Utilities) Regulations, 2017"}]},{"@type":"WebSite","@id":"https:\/\/www.scconline.com\/blog\/#website","url":"https:\/\/www.scconline.com\/blog\/","name":"SCC Times","description":"Bringing you the Best Analytical Legal News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.scconline.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/e8e76b10dfc9c0d576324bfdbb2c2785","name":"Saba","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/a815285315cd85d8b3246c60ed8ed99825949c1b85b370c49212daa54ededa98?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a815285315cd85d8b3246c60ed8ed99825949c1b85b370c49212daa54ededa98?s=96&d=mm&r=g","caption":"Saba"},"url":"https:\/\/www.scconline.com\/blog\/post\/author\/editor_2\/"}]}},"jetpack_featured_media_url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Insolvency-and-Bankruptcy-Board-of-India.jpg","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":117731,"url":"https:\/\/www.scconline.com\/blog\/post\/2017\/04\/01\/insolvency-and-bankruptcy-board-of-india-notifies-information-utilities-regulations\/","url_meta":{"origin":160464,"position":0},"title":"Insolvency and Bankruptcy Board of India notifies Information Utilities Regulations","author":"Saba","date":"April 1, 2017","format":false,"excerpt":"The Insolvency and Bankruptcy Board of India (IBBI), in exercise of its powers conferred by Sections 196, 209, 210, 211, 212, 213, 214, 215, 216 read with Section 240 of the Insolvency and Bankruptcy Code, 2016 (Code), has notified here today the Insolvency and Bankruptcy Board of India (Information Utilities)\u2026","rel":"","context":"In "Legislation Updates"","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":274271,"url":"https:\/\/www.scconline.com\/blog\/post\/2022\/09\/23\/registration-fee-for-information-utilities-increased-vide-ibbi-information-utilities-second-amendment-regulations-2022\/","url_meta":{"origin":160464,"position":1},"title":"Registration fee for Information Utilities increased vide IBBI (Information Utilities) (Second Amendment) Regulations, 2022","author":"Bhumika Indulia","date":"September 23, 2022","format":false,"excerpt":"\u00a0 \u00a0 On 20-09-2022, the Insolvency and Bankruptcy Board of India has notified the Insolvency and Bankruptcy Board of India (Information Utilities) (Second Amendment) Regulations, 2022 to amend the Insolvency and Bankruptcy Board of India (Information Utilities) Regulations, 2017. They shall come into force with effect from 01-10-2022. Key points:\u2026","rel":"","context":"In "Legislation Updates"","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"IBBI","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/06\/IBBI.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/06\/IBBI.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/06\/IBBI.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/06\/IBBI.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/06\/IBBI.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":219421,"url":"https:\/\/www.scconline.com\/blog\/post\/2019\/09\/11\/stautory-repositories-ibbi-approves-mca-21-database-of-mca-and-cersai-registry-as-repositories-read-circular\/","url_meta":{"origin":160464,"position":2},"title":"Statutory Repositories | IBBI approves MCA 21 database of MCA and CERSAI registry as repositories [Read Circular]","author":"Bhumika Indulia","date":"September 11, 2019","format":false,"excerpt":"Statutory Repositories under Regulation 21(2)(c)(ii) of the Insolvency and Bankruptcy Board of India (Information Utilities) Regulations, 2017 Regulation 21 of the Insolvency and Bankruptcy Board of India (Information Utilities) Regulations, 2019 reads as under: - \u201c21. Information of default (1) An information utility shall expeditiously undertake the process of authentication\u2026","rel":"","context":"In "Hot Off The Press"","block_context":{"text":"Hot Off The Press","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/hot_off_the_press\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Insolvency-and-Bankruptcy-Board-of-India.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Insolvency-and-Bankruptcy-Board-of-India.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Insolvency-and-Bankruptcy-Board-of-India.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Insolvency-and-Bankruptcy-Board-of-India.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":251781,"url":"https:\/\/www.scconline.com\/blog\/post\/2021\/07\/27\/amendment-to-the-guidelines-for-technical-standards-for-the-performance-of-core-services-and-other-services-under-ibbi-information-utilities-regulations-2017-notified\/","url_meta":{"origin":160464,"position":3},"title":"Amendment to the Guidelines for Technical Standards for the Performance of Core Services and other Services under IBBI (Information Utilities) Regulations, 2017, notified","author":"Bhumika Indulia","date":"July 27, 2021","format":false,"excerpt":"On July 26, 2021, the Insolvency and Bankruptcy Board of India (IBBI) on July 26, 2021 has issued a notification to amend the Guidelines for technical standards for core services and other services issued under the Insolvency and Bankruptcy Board of India (Information Utilities) Regulations, 2017. Key amendments: In the\u2026","rel":"","context":"In "Legislation Updates"","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Insolvency-and-Bankruptcy-Board-of-India.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Insolvency-and-Bankruptcy-Board-of-India.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Insolvency-and-Bankruptcy-Board-of-India.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Insolvency-and-Bankruptcy-Board-of-India.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":162324,"url":"https:\/\/www.scconline.com\/blog\/post\/2017\/10\/09\/ibbi-relaxes-norms-for-information-utilities\/","url_meta":{"origin":160464,"position":4},"title":"IBBI relaxes norms for information utilities","author":"Saba","date":"October 9, 2017","format":false,"excerpt":"No. IBBI\/2017-18\/GN\/REG016.\u2014 In exercise of the powers conferred by sub-section (1) of Section 196 read with Section 240 of the Insolvency and Bankruptcy Code, 2016 (31 of 2016), the Insolvency and Bankruptcy Board of India hereby makes the following regulations to amend the Insolvency and Bankruptcy Board of India (Information\u2026","rel":"","context":"In "Legislation Updates"","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Insolvency-and-Bankruptcy-Board-of-India.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Insolvency-and-Bankruptcy-Board-of-India.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Insolvency-and-Bankruptcy-Board-of-India.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Insolvency-and-Bankruptcy-Board-of-India.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":112661,"url":"https:\/\/www.scconline.com\/blog\/post\/2017\/03\/08\/insolvency-and-bankruptcy-board-of-india-recognises-two-insolvency-professional-entities-under-insolvency-and-bankruptcy-code-2016\/","url_meta":{"origin":160464,"position":5},"title":"Insolvency and Bankruptcy Board of India recognises two Insolvency Professional Entities under Insolvency and Bankruptcy Code, 2016\u00a0","author":"Saba","date":"March 8, 2017","format":false,"excerpt":"The Insolvency and Bankruptcy Board of India (IBBI) has recently recognised two Insolvency Professional Entities (IPEs) as under: S. No Name of IPE Constitution Address 1 IRR Insolvency Professionals Private Limited Limited Company D-55,\u00a0Defence Colony, New Delhi - 110024 2 AAA Insolvency Professionals LLP Limited Liability Partnership E-10A, Lower Ground\u2026","rel":"","context":"In "Hot Off The Press"","block_context":{"text":"Hot Off The Press","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/hot_off_the_press\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/160464","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/users\/91"}],"replies":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/comments?post=160464"}],"version-history":[{"count":0,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/160464\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media\/160494"}],"wp:attachment":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media?parent=160464"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/categories?post=160464"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/tags?post=160464"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}