The Board may, for ensuring that an information utility takes into account the objectives sought to be achieved under this Code, require every information utility to set up a governing board, with such number of independent members, as may be specified by regulations.
PART IV REGULATION OF INSOLVENCY PROFESSIONALS, AGENCIES AND INFORMATION UTILITIES · CHAPTER V INFORMATION UTILITIES
Section 212: Governing Board of information utility
The Insolvency and Bankruptcy Code, 2016