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Section 203 : Governing Board of insolvency professional agency

The Board may, for the purposes of ensuring that every insolvency professional agency takes into account the objectives sought to be achieved under this Code, make regulations to specify-

(a) the setting up of a governing board of an insolvency professional agency;

(b) the minimum number of independent members to be on the governing board of the insolvency professional agency; and

(c) the number of the insolvency professionals being its members who shall be on the governing board of the insolvency professional agency.

 

Insolvency and Bankruptcy Code 2016

Section 201 Registration of insolvency professional agency

Section 202 Appeal to National Company Law Appellate Tribunal

Section 203 Governing Board of insolvency professional agency

Section 204 Functions of insolvency professional agencies

Section 205 Insolvency professional agencies to make bye-laws

Section 206 Enrolled and registered persons to act as insolvency professionals

Section 207 Registration of insolvency professionals

Section 208 Functions and obligations of insolvency professionals

Section 209 No person to function as information utility without certificate of registration

Section 210 Registration of information utility

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