THE INSOLVENCY & BANKRUPTCY CODE, 2016 Prev18 of 25Next CHAPTER I THE INSOLVENCY AND BANKRUPTCY BOARD OF INDIA Establishment and incorporation of Board. Constitution of Board. Removal of member from office. Powers of Chairperson. Meetings of Board. Member not to participate in meetings in certain cases. Vacancies, etc., not to invalidate proceedings of Board, Officers and employees of Board. Power to designate financial sector regulator. Prev18 of 25Next CHAPTER I THE INSOLVENCY AND BANKRUPTCY BOARD OF INDIA