valid as on 15/10/2018

2.10.38:Insolvency and Bankruptcy Board of India (Information Utilities) Regulations, 2017.

38. Storing information submitted by insolvency professionals.

(1) An insolvency professional may submit reports, registers and minutes in respect of any insolvency resolution, liquidation or bankruptcy proceedings to an information utility for storage.

(2) The information utility shall not provide access to the reports, registers and minutes submitted under subregulation (1) to any person other than the concerned insolvency professional, the Board or the Adjudicating Authority.

(3) The information utility shall discharge the duties specified in Chapter VI in respect of the reports, registers and minutes submitted under sub-regulation (1).


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