https://www.taxtmi.com/acts?id=54033 Section 196 of the Insolvency and Bankruptcy Code is amended to replace repeated references to insolvency professional agencies, insolvency professionals and information utilities with the broader expression service providers. The amendment also clarifies that the Board's power to levy fee or other charges includes charges connected with processes under the Code, and empowers the Board to prescribe standards of conduct and decision timelines for the committee of creditors and its members under Part II and Part III. en-us Tue, 07 Apr 2026 13:22:56 +0530 Tue, 07 Apr 2026 13:22:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=54033 Section 196 of the Insolvency and Bankruptcy Code is amended to replace repeated references to insolvency professional agencies, insolvency professionals and information utilities with the broader expression service providers. The amendment also clarifies that the Board's power to levy fee or other charges includes charges connected with processes under the Code, and empowers the Board to prescribe standards of conduct and decision timelines for the committee of creditors and its members under Part II and Part III. Act-Rules F. Acts / Amendment Acts Tue, 07 Apr 2026 13:22:56 +0530 https://www.taxtmi.com/acts?id=54033