valid as on 15/10/2018

2.7.2:Insolvency and Bankruptcy Board of India (Advisory Committee) Regulations, 2017

2. Definitions.

(1) In these regulations, unless the context otherwise requires:—

a) “Advisory Committee” means an Advisory Committee constituted by an order of the Board under section 197 of the Code read with these regulations;

b) “Board” means the Insolvency and Bankruptcy Board of India established under section 188(1) of the Code;

c) “Chairperson” means the Chairperson of the Advisory Committee;

d) “Code” means the Insolvency and Bankruptcy Code, 2016;

e) “Member” means a Member of the Advisory Committee and includes Chairperson;

f) “Secretary” means an officer of the Board designated as such by the Board;

(2) Words and expressions used and not defined in these regulations but defined in the Code shall have the meanings respectively assigned to them in the Code.


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