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Section 6

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

(1) A Member, who is directly or indirectly interested in any business coming up for consideration at a meeting of the Governing Board, shall disclose the nature of his interest at such meeting.

(2) A Member shall not take part in any deliberation or discussion of the Governing Board with respect to such business except to the extent of professional advice if sought by the Governing Board.

Members not to hear or decide in certain cases.

7. No Member shall hear or decide any matter where he has a conflict of interest.

Availing services of regulated entities.

8. A Member shall disclose if he or his family has any dispute in respect of product or services availed from a regulated entity.

Acceptance of gifts.

Where this provision sits

ActInsolvency and Bankruptcy Board of India( Procedure For Governing Boards Meetings) Regulations, 2017.
Section6
JurisdictionCentral
StatusIn force as published by the source

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