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of <h1>Insolvency Professionals: Key Definitions Under Regulation 2 of Insolvency and Bankruptcy Board of India, 2016</h1> Regulation 2 of the Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations, 2016 provides definitions for terms used within the regulations. It defines 'assignment' as the role of an insolvency professional in various capacities under the Code, and 'authorisation for assignment' as permission granted by an insolvency professional agency. The term 'certificate of registration' refers to a certificate issued under section 207 of the Code. Other definitions include the 'Code' as the Insolvency and Bankruptcy Code, 2016, and various professional institutes. 'Professional member' refers to individuals or entities recognized by the Board. Unspecified terms are defined by the Code.
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