Section 13(2)(b) in Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations, 2016
(b)[ inform the Board, within seven days, when an individual ceases to be its director or partner, as the case may be, in Form F of the Second Schedule along with a fee of two thousand rupees; [Substituted by Notification No. IBBI/2018-19/GN/REG036, dated 11.10.2018 (w.e.f. 23.11.2016).]