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of <h1>Central Government Can Appoint Financial Regulators Under Section 195 of Insolvency and Bankruptcy Code, 2016 Until Board Establishment.</h1> Section 195 of the Insolvency and Bankruptcy Code, 2016, grants the Central Government the authority to designate any financial sector regulator to perform the powers and functions of the Insolvency and Bankruptcy Board of India until the Board is officially established. This provision ensures that the necessary regulatory functions can continue to be exercised in the interim period before the Board's formal establishment.
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