Section 193 of Insolvency and Bankruptcy Code 2016 Member not to participate in meetings in certain cases. 193. Any member, who is a director of a company and who as such director has any direct or indirect pecuniary interest in any matter coming up for consideration at a meeting of the Board, shall, as soon as… Read More »
Section 192 of Insolvency and Bankruptcy Code 2016 Meetings of Board. 192. (1) The Board shall meet at such times and places, and observe such rules of procedure in regard to the transaction of business at its meetings (including quorum at such meetings) as may be determined by regulations. (2) The Chairperson, or if, for any… Read More »
Section 191 of Insolvency and Bankruptcy Code 2016 Powers of Chairperson. 191. Save as otherwise determined by regulations, the Chairperson shall have powers of general superintendence and direction of the affairs of the Board and may also exercise such other powers as may be delegated to him by the Board. Related Post Insolvency and Bankruptcy… Read More »
Section 190 of Insolvency and Bankruptcy Code 2016 Removal of member from office. 190. The Central Government may remove a member from office if he— (a) is an undischarged bankrupt as defined under Part III; (b) has become physically or mentally incapable of acting as a member; (c) has been convicted of an offence, which in the… Read More »
Section 189 of Insolvency and Bankruptcy Code 2016 Constitution of Board. 189. (1) The Board shall consist of the following members who shall be appointed by the Central Government, namely:— (a) a Chairperson; (b) three members from amongst the officers of the Central Government not below the rank of Joint Secretary or equivalent, one each to… Read More »
Section 188 of Insolvency and Bankruptcy Code 2016 Section 188 Establishment and incorporation of Board. PART IV REGULATION OF INSOLVENCY PROFESSIONALS, AGENCIES AND INFORMATION UTILITIES CHAPTER I THE INSOLVENCY AND BANKRUPTCY BOARD OF INDIA Establishment and incorporation of Board. 188. (1) With effect from such date as the Central Government may, by notifi-cation, appoint, there shall be… Read More »
Insolvency and Bankruptcy Code 2016 MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 5th August, 2016 S.O.2618(E).—In exercise of the powers conferred by the proviso to sub-section (3) of section 1 of the Insolvency and Bankruptcy Code, 2016 (31 of 2016), the Central Government hereby appoints the 5th of August, 2016 as the date on… Read More »
MINISTRY OF LAW AND JUSTICE (Legislative Department) New Delhi, the 5th August, 2016/Shravana 14, 1938 (Saka) The following Act of Parliament received the assent of the President on the 4th August, 2016, and is hereby published for general information:— THE DENTISTS (AMENDMENT) ACT, 2016 NO. 40 OF 2016 [4th August, 2016.] An Act further to… Read More »
MINISTRY OF LAW AND JUSTICE (Legislative Department) New Delhi, the 5th August, 2016/14 Shravana, 1938 (Saka) The following Act of Parliament received the assent of the President on the 4th August, 2016, and is hereby published for general information:— THE INDIAN MEDICAL COUNCIL (AMENDMENT) ACT, 2016 NO. 39 OF 2016 [4th August, 2016.] An Act further… Read More »
THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] MINISTRY OF FINANCE (Department of Financial Services) NOTIFICATION New Delhi, the 3rd August, 2016 S.O. 2626(E).—In partial modification to the Notification dated 15 th March, 2016, and in exercise of the powers conferred by sub-section (7) of Section 29A of the National Housing Bank Act, 1987… Read More »