valid as on 22/04/2024

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

15. Bye-laws of information utilities.

(1) An information utility, for the conduct of its operations, shall have bye-laws consistent with the Code.

(2) The bye-laws shall be consistent with and provide for all matters contained in the Technical Standards, if any.

(3) Without prejudice to the generality of sub-regulation (1), the bye-laws shall provide for-

(a) the manner and process of providing core services and other services under these Regulations;

(b) risk management;

minimum service quality standards, including timelines for –

(i) registration of users,

(ii) issuance of record of default, and

(iii) issuance of annual statement to registered users.

adoption of quality standards and quality standards certifications.

(c) rights of users; and

(d) grievance redressal.

(4) The bye-laws of the information utility, as amended from time to time, shall be published on its website.

Inserted vide Insolvency and Bankruptcy Board of India (Information Utilities) (Amendment) Regulations, 2021 dated 13.04.2021. To view the Notification, Click Here
Inserted vide Insolvency and Bankruptcy Board of India (Information Utilities) (Amendment) Regulations, 2021 dated 13.04.2021. To view the Notification, Click Here

Insolvency and Bankruptcy Board of India (Information Utilities) (Amendment) Regulations, 2021 dated 13.04.2021


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