SEBI authorise Insolvency Professionals to act as Administrator
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Securities & Exchange Board of India (SEBI) has recently notified Securities and Exchange Board of India (Appointment of Administrator and Procedure for Refunding to the Investors) Regulations, 2018.
Eligibility norms for appointment as an Administrator.
(Securities and Exchange Board of India (Appointment of Administrator and Procedure for Refunding to the Investors) Regulations, 2018)
The Administrator shall be a person registered with the Insolvency and Bankruptcy Board of India as an Insolvency Resolution Professionaland empanelled by the Board from time to time.
In terms of the SEBI regulations, an Insolvency Professional registered with IBBI can now be appointed as an Administrator. This has opened another professional opportunity for registered IPs.
Last date to pass the limited insolvency examination under Old Syllabus is 31st October 2018
Great Opportunities for Professionals under IBBI.
Category : Corporate Law | Comments : 0 | Hits : 1364
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