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of <h1>Advisory Committee Under IBBI Regulations 2017: Structure, Membership, and Appointment Rules Explained</h1> An Advisory Committee under the Insolvency and Bankruptcy Board of India Regulations, 2017, consists of Professional Members, who are distinguished academicians or practitioners, and General Members, who are eminent citizens without direct interest in the area, maintaining a 2:1 ratio. Members cannot serve on more than one committee simultaneously, with a term limit of three years, though reappointment is possible. The Board appoints one General Member as Chairperson and a senior Officer as Secretary, who may speak but not vote in meetings.
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