valid as on 27/05/2024

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

39. Exit management plan.

(1) An information utility shall, at all times, have an exit management plan which shall include-

(a) mechanisms to enable users to transfer information to other information utilities expeditiously;

(b) mechanisms for preservation and transfer of information; and

(c) timelines and cost estimates of implementing the exit management plan.

(2) An information utility shall not amend its exit management plan without the prior approval of the Board.

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