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Section 11

Insolvency and Bankruptcy Board of India( Procedure For Governing Boards Meetings) Regulations, 2017.Central Regulations · 2016

(1) A Member shall disclose a conflict of interests at the earliest possible opportunity.

(2) A Member shall seek determination from the Chairperson if he has a doubt whether there is a conflict of interests or not.

(3) The Chairperson shall seek determination from the Governing Board if he has a doubt whether there is a conflict of interests or not.

4) If the Chairperson or the Governing Board, as the case may be, determines that there is a conflict of interests, the Member or the Chairperson shall refrain from dealing with the particular matter.

(5) The Chairperson or the Governing Board, as the case may be, shall assign that matter to another Member or a Committee of Members.

Procedure for public to raise conflict of interests.

Where this provision sits

ActInsolvency and Bankruptcy Board of India( Procedure For Governing Boards Meetings) Regulations, 2017.
Section11
JurisdictionCentral
StatusIn force as published by the source

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