Section 197 of IBC – Insolvency and Bankruptcy Code, 2016 : Constitution of advisory committee, executive committee or other committee

The Insolvency and Bankruptcy Code, 2016

Part-IV Regulation of Insolvency Professionals, Agencies and Information Utilities

Chapter-II Powers and Functions of the Board

Section 197: Constitution of advisory committee, executive committee or other committee.

*197. The Board may, for the efficient discharge of its functions, may constitute advisory and executive committees or such other committees, as it may deem fit, consisting of a Chairperson and such other members as may be specified by regulations.


*Effective from 01.11.2016.

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