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Section 9

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.

Procedure for managing the conflict.

Where this provision sits

ActInsolvency and Bankruptcy Board of India( Procedure For Governing Boards Meetings) Regulations, 2017.
Section9
JurisdictionCentral
StatusIn force as published by the source

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