The National Company Law Tribunal has released a Circular dated 03.04.2023, requesting the Petitioners in Sections 7 and 9 of IBC proceedings to produce the record of Information Utility for effective hearing of their case and comply with Regulation 20 of Insolvency and Bankruptcy Board of India Regulation, 2016. Brief background Regulation 20 was inserted in the Insolvency and Bankruptcy …
