2.10.27:Insolvency and Bankruptcy Board of India (Information Utilities) Regulations, 2017.
27. Duties of the user.
Provided that information of default shall be updated within seven days of occurrence of default.
(1) A user shall expeditiously update the information submitted by it to an information utility.
(2) A user shall expeditiously correct information as soon as it finds it erroneous, stating the reasons, if any