Introduction
Edition 21th 23-24
Week – September 18th to September 23th
Quote for the week:
“People succeed when others say negative things”
– Kim Seokjin (Member of music band; Bangtan Sonyeondan)
We welcome you to our weekly newsletter!
The ‘Swift e-Bulletin’ - weekly newsletter, covers all regulatory updates and critical judgements passed during the week. We hope that you liked our previous editions and found it to be of great value in its content. We want this newsletter to be valuable for you so, please share your feedback and suggestions to help us improve.
Further, various regulatory authorities have been proactive in bringing significant regulatory changes in recent challenging times. This week’s newsletter covers various circulars/notifications issued by certain regulatory authorities such as the Securities and Exchange Board of India (“SEBI”), Reserve Bank of India (“RBI”) and Insolvency and Bankruptcy Board of India (“IBBI”)
The Regulatory authorities provided various updates/relaxations, some of which being:
- IBBI vide Notification dated September 18, 2023 amended the Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations.
- IBBI vide Circular dated September 18, 2023 amended and issued Insolvency and Bankruptcy Board of India (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) (Amendment) Regulations, 2023.
We have prepared a comprehensive summary for quick reference of the aforesaid updates and Judgements / orders issued during the week of September 18th to September 23th.
Thank you,
Swift team
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