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of <h1>New Regulations for Information Utilities Under Insolvency and Bankruptcy Code, 2016: Key Sections 196, 209-216, 240</h1> The Insolvency and Bankruptcy Board of India (Information Utilities) Regulations, 2017, established under the Insolvency and Bankruptcy Code, 2016, provide a framework for the registration and regulation of information utilities. These regulations were officially notified on March 31, 2017, and came into effect on April 1, 2017. They are enacted under the authority of sections 196, 209-216, and 240 of the Insolvency and Bankruptcy Code, 2016, to ensure proper governance and operation of information utilities within the insolvency and bankruptcy process in India.
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