INDIA CODE
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Bye-law 25, Insolvency and Bankruptcy Board of India (Licensing of The conduct of insolvency resolution) Bye-laws, 2025 [S6E-F7N]

As at 7 September 2026. In force from 16 July 2025.

In Insolvency and Bankruptcy Board of India (Licensing of The conduct of insolvency resolution) Bye-laws, 2025 [R18-D9E]. This text from 16 July 2025. No other text held.

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Cite: Bye-law 25, Insolvency and Bankruptcy Board of India (Licensing of The conduct of insolvency resolution) Bye-laws, 2025 [S6E-F7N]. Machine: S6E-F7N.

Refusal of registration.—Where the Official Liquidator is not satisfied that an application made in Form INC-1 is complete or that the fee of twenty-five thousand rupees has been paid, it shall record its reasons in writing, shall communicate the order of refusal to the applicant in Form PAS-3 within ninety days of the order together with a statement of the grounds on which it is made, and shall return with the order every document furnished with the application; and the applicant may make a fresh application at any time after one hundred and twenty days from the communication.

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Bye-law 25, Insolvency and Bankruptcy Board of India (Licensing of The conduct of insolvency resolution) Bye-laws, 2025 [S6E-F7N]