Section 205 of Insolvency and Bankruptcy Code 2016
(Notified by S.O. 3453(E) Dated 15.11.2016)
Insolvency professional agencies to make bye-laws.
205. Subject to the provisions of this Code and any rules or regulations made thereunder and after obtaining the approval of the Board, every insolvency professional agency shall make bye-laws consistent with the model bye-laws specified by the Board under sub-section (2) of section 196.