Insolvency and Bankruptcy Board of India( Procedure For Governing Boards Meetings) Regulations, 2017.Central Regulations · 2016
(1) A Whole Time Member shall not accept any gift by whatever name called, to the extent possible, from a regulated entity.
(2) A Whole Time Member shall hand over the gift, if he receives any and the value exceeds Rs.5000, to the IBBI.
Other disclosures.
10. A Member shall disclose the following:
a) any post, other employment or fiduciary position which a Member holds, or has held in the past 5 years in connection with any regulated entity;
b) any other significant relationship, including a professional, personal, financial or family relationship held in connection with a regulated entity.
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