Section 212 of IBC – Insolvency and Bankruptcy Code, 2016 : Governing Board of information utility

The Insolvency and Bankruptcy Code, 2016

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

Chapter-V Information Utilities

Section 212: Governing Board of information utility.

*212. The Board may, for ensuring that an information utility takes into account the objectives sought to be achieved under this Code, require every information utility to set up a governing board, with such number of independent members, as may be specified by regulations.


Reference

*Effective from 01.04.2017.


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