Guide to IBC | Insolvency and Bankruptcy Code in India
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General modifications

Rule 4. General modifications. - 

For the purposes of these rules, in all the provisions relating to insolvency and liquidation proceedings under the Code,-

(i) for the expression “corporate debtor” wherever they occur, shall mean “financial service provider”; and

(ii) for the expressions “insolvency professional”, “interim resolution professional”, “resolution professional” or “liquidator”, wherever they occur, shall mean “administrator”.