Regulation - 3, Insolvency professional agencies to have Bye-Laws.

Regulation - 3, Insolvency professional agencies to have Bye-Laws.

Insolvency & Bankruptcy

Insolvency professional agencies to have Bye-Laws.

3. (1) A company shall submit to the Board its bye-laws along with the application for its registration as an insolvency professional agency.


(2) The bye-laws shall provide for all matters specified in the model bye-laws.


(3) The bye-laws shall at all times be consistent with the model bye-laws.


(4) The insolvency professional agency shall publish its bye-laws, the composition of all committees formed, and all policies created under the bye-laws on its website.