Regulation - 15, Bye-laws of information utilities.

Regulation - 15, Bye-laws of information utilities.

Insolvency & Bankruptcy

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;(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.