IBBI vide Notification dated 28th March, 2020 has amended IBBI (Insolvency Professionals) Regulations to provide the following relaxations to the Insolvency Professionals:
| S. No. | Regulation and particulars | Due date | Relaxation |
| 1. | Regulation 7(2)(ca): Payment of fee @ 0.25% of the professional fee earned for the services rendered by insolvency professionals in the preceding financial year. | 30th April, 2020 | 30th June, 2020 |
| 2. | Regulation 13(2)(b): Insolvency professionals entities shall inform IBBI, when an individual ceases to be its director or partner, as the case may be. | Within 7 days | Within 30 days (till 31st December, 2020) |
| 3. | Regulation 13(2)(c): Insolvency professionals entities shall inform IBBI, when an individual joins as its director or partner, as the case may be. | Within 7 days | Within 30 days (till 31st December, 2020) |
| 4. | Regulation 13(2)(ca): Payment of fee @ 0.25% of the turnover from the services rendered by insolvency professionals entities in the preceding financial year. | 30th April, 2020 | 30th June, 2020 |