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.
PART IV REGULATION OF INSOLVENCY PROFESSIONALS, AGENCIES AND INFORMATION UTILITIES · CHAPTER III INSOLVENCY PROFESSIONAL AGENCIES
Section 205: Insolvency professional agencies to make bye-laws
The Insolvency and Bankruptcy Code, 2016