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IBBI weekly summary
IBBI told insolvency professionals to detect and report signs that the insolvency framework is being used fraudulently or maliciously.
The week in brief
Insolvency professionals must investigate warning signs that an IBC proceeding is being misused.
Suspected fraudulent or malicious use must be reported to the Adjudicating Authority with supporting evidence.
Complied AI condensed the week's IBBI records into the points above. Use the record links to check each underlying update.
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