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        IBC

        Section 205 - Insolvency professional agencies to make bye-laws.

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

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        Bye-laws requirement: insolvency professional agencies must adopt Board-approved, model-consistent bye-laws under the Code after obtaining approval. Every insolvency professional agency must make bye-laws consistent with the model bye-laws specified by the Board and, after obtaining the approval of the Board, frame such bye-laws subject to the provisions of the Code and any rules or regulations made thereunder.
                    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.

                        Bye-laws requirement: insolvency professional agencies must adopt Board-approved, model-consistent bye-laws under the Code after obtaining approval.

                        Every insolvency professional agency must make bye-laws consistent with the model bye-laws specified by the Board and, after obtaining the approval of the Board, frame such bye-laws subject to the provisions of the Code and any rules or regulations made thereunder.


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