The Insolvency and Bankruptcy Code, 2016
IBBI (Information Utilities) Regulations, 2017
Chapter VI – Duties of Information Utilities
Regulation 35: Preservation Policy.
35. (1) An information utility shall have a Preservation Policy providing for the form, manner and duration of preservation of–
(a) information stored with it; and
(b) details of the transactions of the information utility with each user in respect of the information stored with it.
(2) The Preservation Policy shall be consistent with the Technical Standards, if any.
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