Section 11(7) in Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations, 2016
(7)The Disciplinary Committee shall dispose of the show-cause notice assigned under sub-regulation (5) by a reasoned order in adherence to principles of natural justice, and after considering the submissions, if any, made by the insolvency professional, the relevant material facts and circumstances, and the material on record.
