Section 205 of Insolvency and Bankruptcy Code, 2016 (IBC): Insolvency professional agencies to make bye-laws

The Insolvency and Bankruptcy Code, 2016

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

Chapter-III Insolvency Professional Agencies

Section 205: Insolvency professional agencies to make bye-laws.

*205. Subject to the provisions of this Code and any rules or regulations made thereunder and after obtaining the approval of the Board, every insolvency professional agency shall make bye-laws consistent with the model bye-laws specified by the Board under sub-section (2) of section 196.


*Effective from 15.11.2016.

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