Regulation 38 - Obligation to maintain secrecy - Insolvency and Bankruptcy Board of India (Employees’ Service) Regulations, 2017

Obligation to maintain secrecy 38. (1) An employee shall maintain strictest secrecy regarding the Board s affairs and shall not divulge or disclose, directly or indirectly, any information of a confidential nature or relating to the working of the Board to a member of the public or of the Board s employees or to his friends or relatives, unless compelled to do so by judicial or other authority, or unless instructed to do so by the Board in the discharge of his duties. (2) No employee shall make use of any information emanating from the Board or otherwise which has come to his knowledge in the discharge of his official duties for his personal benefit or for the benefit of his friends or relatives.