Section 216: Rights and obligations of persons submitting financial information.

The Insolvency and Bankruptcy Code, 2016.Central Act · Act 31 of 2016

(1) A person who intends to update or modify or rectify errors in the financial information submitted under section 215, he may make an application to the information utility for such purpose stating reasons therefor, in such manner and within such time, as may be specified.

(2) A person who submits financial information to an information utility shall not provide such information to any other person, except to such extent, under such circumstances, and in such manner, as may be specified.

Where this provision sits

Act	The Insolvency and Bankruptcy Code, 2016.
Section	216
Marginal note	Rights and obligations of persons submitting financial information.
Jurisdiction	Central
Status	In force as published by the source
Judgments citing it	1

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