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IBBI tightens information utilities rules

Mint Ahmedabad

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January 31, 2025

Stricter norms have been put in place for information utilities under the insolvency law to enhance identity verification and streamline the authentication process for financial default records.

The Insolvency and Bankruptcy Board of India (IBBI) has amended the guidelines for technical standards governing information utilities, which acts as a repository of financial records related to insolvency proceedings.

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