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<h1>Regulation 12: Show-Cause Notice Must Include Allegations, Evidence, and Proposed Actions; 15-Day Response Required</h1> Regulation 12 of the Insolvency and Bankruptcy Board of India (Inspection and Investigation) Regulations, 2017 outlines the requirements for issuing a show-cause notice. The notice must be in writing, detailing the provisions of the Code, alleged facts, supporting evidence, and any violated provisions. It should specify proposed actions if allegations are proven, response requirements, and consequences for non-response. The notice provides a 15-day period for written submissions and must include relevant documents. It is served electronically and by registered post, and referred to the Disciplinary Committee with all relevant records and submissions.