Section 199 of Insolvency and Bankruptcy Code, 2016 (IBC): No person to function as insolvency professional agency without valid certificate of registration

The Insolvency and Bankruptcy Code, 2016

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

Chapter-III Insolvency Professional Agencies

Section 199: No person to function as insolvency professional agency without valid certificate of registration.

*199. Save as otherwise provided in this Code, no person shall carry on its business as insolvency professional agencies under this Code and enrol insolvency professionals as its members except under and in accordance with a certificate of registration issued in this behalf by the Board.


Reference

*Effective from 15.11.2016.


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