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Core Purpose

This notification introduces the Insolvency and Bankruptcy Board of India (Grievance and Complaint Handling Procedure) (Amendment) Regulations, 2026, to further amend the Insolvency and Bankruptcy Board of India (Grievance and Complaint Handling Procedure) Regulations, 2017.

Detailed Summary

The Insolvency and Bankruptcy Board of India (IBBI), exercising powers conferred by section 196 read with section 240 of the Insolvency and Bankruptcy Code, 2016 (31 of 2016), issued the Insolvency and Bankruptcy Board of India (Grievance and Complaint Handling Procedure) (Amendment) Regulations, 2026, on June 1, 2026. These regulations came into force on their publication date in the Official Gazette, June 3, 2026, and amend the Insolvency and Bankruptcy Board of India (Grievance and Complaint Handling Procedure) Regulations, 2017, referred to as 'the principal regulations'. Specifically, in regulation 2, clause (i) of the principal regulations, the words defining a regulated entity are substituted with "shall have the same meaning as assigned in clause (31A) of section 3 of the Code". Additionally, in sub-regulation (3) of regulation 3, "Form A" is replaced with "in such format as notified by the Board", and Form A itself is omitted after Chapter V of the principal regulations. The principal regulations were originally published vide Notification No. IBBI/2017-18/GN/REG/21 dated 06th December, 2017, and were last amended by the IBBI (Grievance and Complaint Handling Procedure) (Amendment) Regulations, 2025, published vide Notification No. IBBI/2024-25/GN/REG119 dated 28th January 2025. The notification is signed by RAVI MITAL, Chairperson.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-03062026-273116 EXTRAORDINARY PART III—Section 4 PUBLISHED BY AUTHORITY No. 374] NEW DELHI, WEDNESDAY, JUNE 3, 2026/JYAISTHA 13, 1948 INSOLVENCY AND BANKRUPTCY BOARD OF INDIA NOTIFICATION New Delhi, the 1st June, 2026 Insolvency and Bankruptcy Board of India (Grievance and Complaint Handling Procedure) (Amendment) Regulations, 2026 F. No. IBBI/2026-27/GN/REG144.— In exercise of the powers conferred by section 196 read with section 240 of the Insolvency and Bankruptcy Code, 2016 (31 of 2016), the Insolvency and Bankruptcy Board of India hereby makes the following regulations to further amend the Insolvency and Bankruptcy Board of India (Grievance and Complaint Handling Procedure) Regulations, 2017, namely:- 1. (1) These regulations may be called the Insolvency and Bankruptcy Board of India (Grievance and Complaint Handling Procedure) (Amendment) Regulations, 2026. (2) They shall come into force on the date of their publication in the Official Gazette. 2. In the Insolvency and Bankruptcy Board of India (Grievance and Complaint Handling Procedure) Regulations, 2017, (hereinafter referred to as 'the principal regulations'), in regulation 2, in clause (i), for the words “means an insolvency professional agency, an insolvency professional, an insolvency professional entity or an information utility" the words, marks and numerical “shall have the same meaning as assigned in clause (31A) of section 3 of the Code" shall be substituted. 3. In the principal regulations, in sub-regulation (3) of regulation 3, for the words "Form A", the words "in such format as notified by the Board" shall be substituted. 4. In the principal regulations, after Chapter V, Form A shall be omitted. RAVI MITAL, Chairperson [ADVT.-III/4/Exty./133/2026-27] Note: The Insolvency and Bankruptcy Board of India (Grievance and Complaint Handling Procedure) Regulations, 2017 were published vide Notification No. IBBI/2017-18/GN/REG/21 dated 06th December, 2017 in the Gazette of India, Extraordinary, Part III, Section 4, No. 461 dated 07th December, 2017 and were last amended by the IBBI (Grievance and Complaint Handling Procedure) (Amendment) Regulations, 2025 published vide Notification No. IBBI/2024-25/GN/REG119, dated the 28th January 2025 in the Gazette of India, Extraordinary, Part III, Section 4, No. 80 on 29th January 2025. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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