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        Vires challenges: insolvency professionals must notify the regulator so it can consider impleading to defend Code provisions. Insolvency professionals must notify the Insolvency and Bankruptcy Board of India of any current or future cases contesting the vires, interpretation or applicability of the Code, Rules or Regulations, providing case papers and brief issues; pending cases were to be submitted to the Board's designated email by September 2022 and future cases must be reported promptly to enable the Board to consider impleading and defending the statutory scheme.
                          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.

                                Vires challenges: insolvency professionals must notify the regulator so it can consider impleading to defend Code provisions.

                                Insolvency professionals must notify the Insolvency and Bankruptcy Board of India of any current or future cases contesting the vires, interpretation or applicability of the Code, Rules or Regulations, providing case papers and brief issues; pending cases were to be submitted to the Board's designated email by September 2022 and future cases must be reported promptly to enable the Board to consider impleading and defending the statutory scheme.


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