(1) The information as disclosed under this Charter shall be kept confidential and shall not be disclosed.
(2) Notwithstanding the provisions in clause (1), the information may be disclosed only to the authorised persons in the following circumstances where there is:
a. a requirement for disclosure for the purposes of managing potential or actual conflicts; or b. any legal or regulatory obligation to disclose the information.
(3) The disclosures by a Member may be scrutinized under the authority of the Chairperson with due regard to Members’ areas of responsibility.
(4) The disclosures by Chairperson may be scrutinized under the authority of the Governing Board with due regard to Chairperson’s responsibility.
(5) The Secretary shall keep and maintain custody of documents / records pertaining to any disclosure made by Members under this Charter.
Dr. M. S. Sahoo Chairperson Insolvency and Bankruptcy Board of India