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        IBC

        Section 199 - No person to function as insolvency professional agency without valid certificate of registration.

        Insolvency and Bankruptcy Code, 2016
        Chapter III (of Part IV)
        INSOLVENCY PROFESSIONAL AGENCIES

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        Registration requirement for insolvency professional agencies: operation and enrolment permitted only with a valid Board-issued certificate. Section 199 requires that no person shall carry on business as an insolvency professional agency or enrol insolvency professionals as members unless it holds a certificate of registration issued by the Board, thereby prohibiting unregistered operation and conditioning enrolment on Board-issued registration.
                        Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                          Provisions expressly mentioned in the judgment/order text.

                              Registration requirement for insolvency professional agencies: operation and enrolment permitted only with a valid Board-issued certificate.

                              Section 199 requires that no person shall carry on business as an insolvency professional agency or enrol insolvency professionals as members unless it holds a certificate of registration issued by the Board, thereby prohibiting unregistered operation and conditioning enrolment on Board-issued registration.


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