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Govt. notifies norms requiring IBBI to prepare Annual report; prescribes specified format

May 7, 2018
The Central Government has notified the Insolvency and Bankruptcy Board of India (Annual Report) Rules, 2018. The rules prescribes Insolvency and Bankruptcy Board of India to prepare its Annual Report giving a true and full accounts of its activities, policies and programmes, during the previous Financial Year in the specified Format. The Board is required to submit copy of the Annual report to the Central Government within 90 days of the end of the Financial Year.
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