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        IBC

        Regulation 9 - Power to relax

        Insolvency and Bankruptcy Board of India (Engagement Of Research Associates And Consultants) Regulations, 2017

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        Power to relax regulations: authority may modify rules after recording reasons to discharge statutory functions under the Code. Power to relax authorizes the Board to relax provisions of the Engagement of Research Associates and Consultants Regulations, 2017 where necessary to discharge its functions under the Code, provided the Board records reasons for any such relaxation.
                          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.

                                Power to relax regulations: authority may modify rules after recording reasons to discharge statutory functions under the Code.

                                Power to relax authorizes the Board to relax provisions of the Engagement of Research Associates and Consultants Regulations, 2017 where necessary to discharge its functions under the Code, provided the Board records reasons for any such relaxation.


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