Section 205: Insolvency professional agencies to make bye-laws

The Insolvency and Bankruptcy Code, 2016
PART IV Regulation of Insolvency Professionals, Agencies and Information Utilities
CHAPTER III Insolvency Professional Agencies
Section 205: Insolvency professional agencies to make bye-laws:
^*205. Subject to the provisions of this Code and any rules or regulations made thereunder and after obtaining the approval of the Board,every insolvency professional agency shall make bye-laws consistent with the model bye-laws specified by the Board under sub-section (2) of section 196.

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Notifications & Circulars
*This shall come into force w.e.f. from 15.11.2016.