Definitions of officeholders clarify that terms like Code, Board, Chairperson and member derive meaning from the Code. The rules define key terms: Code as the Insolvency and Bankruptcy Code, 2016; Board as the Insolvency and Bankruptcy Board of India constituted under the Code; Chairperson and whole-time member as the offices appointed under specified clauses of the Code; and provide that terms not defined in the rules shall bear the meanings assigned to them in the Code.