{"id":255018,"date":"2021-10-01T10:30:23","date_gmt":"2021-10-01T05:00:23","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=255018"},"modified":"2021-10-01T11:43:54","modified_gmt":"2021-10-01T06:13:54","slug":"ibbi-insolvency-resolution-process-for-corporate-persons-third-amendment-regulations-2021","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2021\/10\/01\/ibbi-insolvency-resolution-process-for-corporate-persons-third-amendment-regulations-2021\/","title":{"rendered":"IBBI (Insolvency Resolution Process for Corporate Persons) (Third Amendment) Regulations, 2021"},"content":{"rendered":"<p style=\"text-align: justify;\"><span id=\"page1R_mcid154\" class=\"markedContent\"><span dir=\"ltr\" role=\"presentation\">The Insolvency and Bankruptcy Board of India made Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons)(Third Amendment) Regulations, 2021 to <\/span><span dir=\"ltr\" role=\"presentation\">amend the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corpo<\/span><span dir=\"ltr\" role=\"presentation\">rate <\/span><span dir=\"ltr\" role=\"presentation\">Persons) Regulations, 2016.<\/span><\/span><\/p>\n<h3><\/h3>\n<h3 style=\"text-align: justify;\"><span style=\"color: #0000ff;\">Key Amendments:<\/span><\/h3>\n<p style=\"text-align: justify;\"><span id=\"page8R_mcid2\" class=\"markedContent\"><span dir=\"ltr\" role=\"presentation\">In the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) <\/span><span dir=\"ltr\" role=\"presentation\">Regulations, 2016 <\/span><\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li><span id=\"page8R_mcid2\" class=\"markedContent\"><span dir=\"ltr\" role=\"presentation\">In regulation 17,<\/span><span dir=\"ltr\" role=\"presentation\"> the following sub<\/span><span dir=\"ltr\" role=\"presentation\">&#8211;<\/span><span dir=\"ltr\" role=\"presentation\">regulation shall be inserted:<\/span><\/span><span id=\"page8R_mcid3\" class=\"markedContent\"><br role=\"presentation\" \/><\/span><\/li>\n<\/ul>\n<p style=\"padding-left: 40px; text-align: justify;\"><span id=\"page8R_mcid3\" class=\"markedContent\" style=\"color: #0000ff;\"><span dir=\"ltr\" role=\"presentation\">\u201c(1A) The committee and members of the committee shall discharge functions and exercise powers under <\/span><span dir=\"ltr\" role=\"presentation\">the Code and these regulations in respect of corporate insolvency resolution pr<\/span><span dir=\"ltr\" role=\"presentation\">ocess in compliance with the <\/span><span dir=\"ltr\" role=\"presentation\">guidelines as may be issued by the Board.\u201d.<\/span> <\/span><span id=\"page8R_mcid4\" class=\"markedContent\"><\/span><\/p>\n<ul>\n<li style=\"text-align: justify;\"><span id=\"page8R_mcid4\" class=\"markedContent\"><span dir=\"ltr\" role=\"presentation\">In regulation 36A,<\/span><span dir=\"ltr\" role=\"presentation\"> the following sub<\/span><span dir=\"ltr\" role=\"presentation\">&#8211;<\/span><span dir=\"ltr\" role=\"presentation\">regulation <\/span><span dir=\"ltr\" role=\"presentation\">shall be inserted<\/span><\/span><span id=\"page8R_mcid5\" class=\"markedContent\">:<br role=\"presentation\" \/><span style=\"color: #0000ff;\"><span dir=\"ltr\" role=\"presentation\">\u201c(4A) Any modification in the invitation for exp<\/span><span dir=\"ltr\" role=\"presentation\">ression of interest may be made in the manner as the initial <\/span><span dir=\"ltr\" role=\"presentation\">invitation for expression of interest was made: <\/span> <\/span><\/span><span id=\"page8R_mcid6\" class=\"markedContent\" style=\"color: #0000ff;\"><br role=\"presentation\" \/><span dir=\"ltr\" role=\"presentation\">Provided that such modification shall not be made more than once.\u201d.<\/span> <\/span><span id=\"page8R_mcid7\" class=\"markedContent\"><br role=\"presentation\" \/><\/span><span id=\"page8R_mcid9\" class=\"markedContent\"><br role=\"presentation\" \/><\/span><\/li>\n<li style=\"text-align: justify;\"><span id=\"page8R_mcid9\" class=\"markedContent\"><span dir=\"ltr\" role=\"presentation\">In regulation 39, for sub<\/span><span dir=\"ltr\" role=\"presentation\">&#8211;<\/span><span dir=\"ltr\" role=\"presentation\">regulation (1A), the following sub<\/span><span dir=\"ltr\" role=\"presentation\">&#8211;<\/span><span dir=\"ltr\" role=\"presentation\">regulations shall <\/span><span dir=\"ltr\" role=\"presentation\">be substituted:<\/span><\/span><span id=\"page8R_mcid10\" class=\"markedContent\"><br role=\"presentation\" \/><span style=\"color: #0000ff;\"><span dir=\"ltr\" role=\"presentation\">\u201c(1A)<\/span> <span dir=\"ltr\" role=\"presentation\">The resolution professional may, if envisaged in the request for resolution plan<\/span><span dir=\"ltr\" role=\"presentation\">&#8211;<\/span> <\/span><\/span><span style=\"color: #0000ff;\"><span id=\"page8R_mcid11\" class=\"markedContent\"><span dir=\"ltr\" role=\"presentation\">(a)<\/span> <span dir=\"ltr\" role=\"presentation\">allow modification of the resolution plan received under sub<\/span><span dir=\"ltr\" role=\"presentation\">&#8211;<\/span><span dir=\"ltr\" role=\"presentation\">regulation (1), but not more than <\/span><span dir=\"ltr\" role=\"presentation\">once; or<\/span> <\/span><span id=\"page8R_mcid12\" class=\"markedContent\"><span dir=\"ltr\" role=\"presentation\">(b)<\/span> <span dir=\"ltr\" role=\"presentation\">use a challenge mechanism to enable resolution applicants to i<\/span><span dir=\"ltr\" role=\"presentation\">mprove their plans.<\/span> <\/span><span id=\"page8R_mcid13\" class=\"markedContent\"><span dir=\"ltr\" role=\"presentation\">(1B) The committee shall not consider any resolution plan<\/span><span dir=\"ltr\" role=\"presentation\">&#8211;<\/span> <\/span><span id=\"page8R_mcid14\" class=\"markedContent\"><span dir=\"ltr\" role=\"presentation\">(a) received after the time as specified by the committee under regulation 36B; or<\/span> <\/span><span id=\"page8R_mcid15\" class=\"markedContent\"><span dir=\"ltr\" role=\"presentation\">(b) received from a person who does not appear in the final list of prospective resolution<\/span> <span dir=\"ltr\" role=\"presentation\">app<\/span><span dir=\"ltr\" role=\"presentation\">licants; or <\/span> <\/span><span id=\"page8R_mcid16\" class=\"markedContent\"><span dir=\"ltr\" role=\"presentation\">(c) does not comply with the provisions of sub<\/span><span dir=\"ltr\" role=\"presentation\">&#8211;<\/span><span dir=\"ltr\" role=\"presentation\">section (2) of section 30 and sub<\/span><span dir=\"ltr\" role=\"presentation\">&#8211;<\/span><span dir=\"ltr\" role=\"presentation\">regulation (1).\u201d.<\/span> <\/span><\/span><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The Insolvency and Bankruptcy Board of India made Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons)(Third Amendment) Regulations, <\/p>\n","protected":false},"author":8808,"featured_media":255032,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4,15],"tags":[47341,29471,6121,42748],"class_list":["post-255018","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legislationupdates","category-rules_regulations","tag-corporate-persons","tag-ibbi","tag-insolvency","tag-scc-blog"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.4 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>IBBI (Insolvency Resolution Process for Corporate Persons) (Third Amendment) Regulations, 2021 | 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\/2021\/10\/01\/ibbi-insolvency-resolution-process-for-corporate-persons-third-amendment-regulations-2021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IBBI (Insolvency Resolution Process for Corporate Persons) (Third Amendment) Regulations, 2021\" \/>\n<meta property=\"og:description\" content=\"The Insolvency and Bankruptcy Board of India made Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons)(Third Amendment) Regulations,\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.scconline.com\/blog\/post\/2021\/10\/01\/ibbi-insolvency-resolution-process-for-corporate-persons-third-amendment-regulations-2021\/\" \/>\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=\"2021-10-01T05:00:23+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-10-01T06:13:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/10\/MicrosoftTeams-image-56.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1331\" \/>\n\t<meta property=\"og:image:height\" content=\"888\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Bhumika Indulia\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Bhumika Indulia\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2021\\\/10\\\/01\\\/ibbi-insolvency-resolution-process-for-corporate-persons-third-amendment-regulations-2021\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2021\\\/10\\\/01\\\/ibbi-insolvency-resolution-process-for-corporate-persons-third-amendment-regulations-2021\\\/\"},\"author\":{\"name\":\"Bhumika Indulia\",\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/#\\\/schema\\\/person\\\/919ec47cc1b871b362af05740398033a\"},\"headline\":\"IBBI (Insolvency Resolution Process for Corporate Persons) (Third Amendment) Regulations, 2021\",\"datePublished\":\"2021-10-01T05:00:23+00:00\",\"dateModified\":\"2021-10-01T06:13:54+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2021\\\/10\\\/01\\\/ibbi-insolvency-resolution-process-for-corporate-persons-third-amendment-regulations-2021\\\/\"},\"wordCount\":287,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2021\\\/10\\\/01\\\/ibbi-insolvency-resolution-process-for-corporate-persons-third-amendment-regulations-2021\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/wp-content\\\/uploads\\\/2021\\\/10\\\/MicrosoftTeams-image-56.jpg\",\"keywords\":[\"Corporate Persons\",\"IBBI\",\"Insolvency\",\"scc blog\"],\"articleSection\":[\"Legislation Updates\",\"Rules &amp; Regulations\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2021\\\/10\\\/01\\\/ibbi-insolvency-resolution-process-for-corporate-persons-third-amendment-regulations-2021\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2021\\\/10\\\/01\\\/ibbi-insolvency-resolution-process-for-corporate-persons-third-amendment-regulations-2021\\\/\",\"url\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2021\\\/10\\\/01\\\/ibbi-insolvency-resolution-process-for-corporate-persons-third-amendment-regulations-2021\\\/\",\"name\":\"IBBI (Insolvency Resolution Process for Corporate Persons) (Third Amendment) Regulations, 2021 | SCC Times\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2021\\\/10\\\/01\\\/ibbi-insolvency-resolution-process-for-corporate-persons-third-amendment-regulations-2021\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2021\\\/10\\\/01\\\/ibbi-insolvency-resolution-process-for-corporate-persons-third-amendment-regulations-2021\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/wp-content\\\/uploads\\\/2021\\\/10\\\/MicrosoftTeams-image-56.jpg\",\"datePublished\":\"2021-10-01T05:00:23+00:00\",\"dateModified\":\"2021-10-01T06:13:54+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/#\\\/schema\\\/person\\\/919ec47cc1b871b362af05740398033a\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2021\\\/10\\\/01\\\/ibbi-insolvency-resolution-process-for-corporate-persons-third-amendment-regulations-2021\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2021\\\/10\\\/01\\\/ibbi-insolvency-resolution-process-for-corporate-persons-third-amendment-regulations-2021\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2021\\\/10\\\/01\\\/ibbi-insolvency-resolution-process-for-corporate-persons-third-amendment-regulations-2021\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/wp-content\\\/uploads\\\/2021\\\/10\\\/MicrosoftTeams-image-56.jpg\",\"contentUrl\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/wp-content\\\/uploads\\\/2021\\\/10\\\/MicrosoftTeams-image-56.jpg\",\"width\":1331,\"height\":888},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2021\\\/10\\\/01\\\/ibbi-insolvency-resolution-process-for-corporate-persons-third-amendment-regulations-2021\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"IBBI (Insolvency Resolution Process for Corporate Persons) (Third Amendment) Regulations, 2021\"}]},{\"@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\\\/919ec47cc1b871b362af05740398033a\",\"name\":\"Bhumika Indulia\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/84c1b51748d0297cf12e5a898eccb7bd3eb5f0ab4ae8e275e2e65c4c83f84740?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/84c1b51748d0297cf12e5a898eccb7bd3eb5f0ab4ae8e275e2e65c4c83f84740?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/84c1b51748d0297cf12e5a898eccb7bd3eb5f0ab4ae8e275e2e65c4c83f84740?s=96&d=mm&r=g\",\"caption\":\"Bhumika Indulia\"},\"url\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/author\\\/editor_1\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"IBBI (Insolvency Resolution Process for Corporate Persons) (Third Amendment) Regulations, 2021 | 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\/2021\/10\/01\/ibbi-insolvency-resolution-process-for-corporate-persons-third-amendment-regulations-2021\/","og_locale":"en_US","og_type":"article","og_title":"IBBI (Insolvency Resolution Process for Corporate Persons) (Third Amendment) Regulations, 2021","og_description":"The Insolvency and Bankruptcy Board of India made Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons)(Third Amendment) Regulations,","og_url":"https:\/\/www.scconline.com\/blog\/post\/2021\/10\/01\/ibbi-insolvency-resolution-process-for-corporate-persons-third-amendment-regulations-2021\/","og_site_name":"SCC Times","article_publisher":"https:\/\/www.facebook.com\/scc.online\/","article_published_time":"2021-10-01T05:00:23+00:00","article_modified_time":"2021-10-01T06:13:54+00:00","og_image":[{"width":1331,"height":888,"url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/10\/MicrosoftTeams-image-56.jpg","type":"image\/jpeg"}],"author":"Bhumika Indulia","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Bhumika Indulia","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.scconline.com\/blog\/post\/2021\/10\/01\/ibbi-insolvency-resolution-process-for-corporate-persons-third-amendment-regulations-2021\/#article","isPartOf":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2021\/10\/01\/ibbi-insolvency-resolution-process-for-corporate-persons-third-amendment-regulations-2021\/"},"author":{"name":"Bhumika Indulia","@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/919ec47cc1b871b362af05740398033a"},"headline":"IBBI (Insolvency Resolution Process for Corporate Persons) (Third Amendment) Regulations, 2021","datePublished":"2021-10-01T05:00:23+00:00","dateModified":"2021-10-01T06:13:54+00:00","mainEntityOfPage":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2021\/10\/01\/ibbi-insolvency-resolution-process-for-corporate-persons-third-amendment-regulations-2021\/"},"wordCount":287,"commentCount":0,"image":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2021\/10\/01\/ibbi-insolvency-resolution-process-for-corporate-persons-third-amendment-regulations-2021\/#primaryimage"},"thumbnailUrl":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/10\/MicrosoftTeams-image-56.jpg","keywords":["Corporate Persons","IBBI","Insolvency","scc blog"],"articleSection":["Legislation Updates","Rules &amp; Regulations"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.scconline.com\/blog\/post\/2021\/10\/01\/ibbi-insolvency-resolution-process-for-corporate-persons-third-amendment-regulations-2021\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.scconline.com\/blog\/post\/2021\/10\/01\/ibbi-insolvency-resolution-process-for-corporate-persons-third-amendment-regulations-2021\/","url":"https:\/\/www.scconline.com\/blog\/post\/2021\/10\/01\/ibbi-insolvency-resolution-process-for-corporate-persons-third-amendment-regulations-2021\/","name":"IBBI (Insolvency Resolution Process for Corporate Persons) (Third Amendment) Regulations, 2021 | SCC Times","isPartOf":{"@id":"https:\/\/www.scconline.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2021\/10\/01\/ibbi-insolvency-resolution-process-for-corporate-persons-third-amendment-regulations-2021\/#primaryimage"},"image":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2021\/10\/01\/ibbi-insolvency-resolution-process-for-corporate-persons-third-amendment-regulations-2021\/#primaryimage"},"thumbnailUrl":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/10\/MicrosoftTeams-image-56.jpg","datePublished":"2021-10-01T05:00:23+00:00","dateModified":"2021-10-01T06:13:54+00:00","author":{"@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/919ec47cc1b871b362af05740398033a"},"breadcrumb":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2021\/10\/01\/ibbi-insolvency-resolution-process-for-corporate-persons-third-amendment-regulations-2021\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.scconline.com\/blog\/post\/2021\/10\/01\/ibbi-insolvency-resolution-process-for-corporate-persons-third-amendment-regulations-2021\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.scconline.com\/blog\/post\/2021\/10\/01\/ibbi-insolvency-resolution-process-for-corporate-persons-third-amendment-regulations-2021\/#primaryimage","url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/10\/MicrosoftTeams-image-56.jpg","contentUrl":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/10\/MicrosoftTeams-image-56.jpg","width":1331,"height":888},{"@type":"BreadcrumbList","@id":"https:\/\/www.scconline.com\/blog\/post\/2021\/10\/01\/ibbi-insolvency-resolution-process-for-corporate-persons-third-amendment-regulations-2021\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.scconline.com\/blog\/"},{"@type":"ListItem","position":2,"name":"IBBI (Insolvency Resolution Process for Corporate Persons) (Third Amendment) Regulations, 2021"}]},{"@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\/919ec47cc1b871b362af05740398033a","name":"Bhumika Indulia","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/84c1b51748d0297cf12e5a898eccb7bd3eb5f0ab4ae8e275e2e65c4c83f84740?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/84c1b51748d0297cf12e5a898eccb7bd3eb5f0ab4ae8e275e2e65c4c83f84740?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/84c1b51748d0297cf12e5a898eccb7bd3eb5f0ab4ae8e275e2e65c4c83f84740?s=96&d=mm&r=g","caption":"Bhumika Indulia"},"url":"https:\/\/www.scconline.com\/blog\/post\/author\/editor_1\/"}]}},"jetpack_featured_media_url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/10\/MicrosoftTeams-image-56.jpg","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/255018","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\/8808"}],"replies":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/comments?post=255018"}],"version-history":[{"count":0,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/255018\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media\/255032"}],"wp:attachment":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media?parent=255018"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/categories?post=255018"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/tags?post=255018"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}