The Insolvency and Bankruptcy Code, 2016
Part-IV Regulation of Insolvency Professionals, Agencies and Information Utilities
Chapter-VI Inspection and Investigation
Section 219: Show cause notice to insolvency professional agency or its member or information utility.
*219. The Board may, upon completion of an inspection or investigation under section 218, issue a show cause notice1 to such insolvency professional agency or insolvency professional or information utility, and carry out inspection of such insolvency professional agency or insolvency professional or information utility in such manner, giving such time for giving reply, as may be specified by regulations.
Reference
*Effective from 15.11.2016.
1. Commencement of Disciplinary Proceeding-LA/010/2018, 23rd April, 2018.
Access complete Bare Act here. To research Section and sub-section wise judgments, visit here.
Follow for daily updates: