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Union of India - Section

Section 15 in Insolvency and Bankruptcy Board of India (Information Utilities) Regulations, 2017

15. Bye-laws of information utilities.

(1)An information utility, for the conduct of its operations, shall have bye-laws consistent with the Code.
(2)The bye-laws shall be consistent with, and provide for all matters contained in the Technical Standards, if any.
(3)Without prejudice to the generality of sub-regulation (1), the bye-laws shall provide for-
(a)the manner and process of providing core services and other services under these Regulations;
(b)risk management;
(c)rights of users; and
(d)grievance redressal.
(4)The bye-laws of the information utility, as amended from time to time, shall be published on its website.