Insolvency Board Regulations 2017: Meeting Procedures, Quorum, Conflict of Interest Rules, and Ethical Conduct Charter.

The Insolvency and Bankruptcy Board of India (Procedure for Governing Board Meetings) Regulations, 2017, outlines the framework for conducting meetings of the Governing Board. It specifies the frequency and procedure for convening meetings, quorum requirements, and the process for passing resolutions. Members must disclose any conflicts of interest and are prohibited from participating in discussions where they have a personal stake. The regulations also cover the execution of contracts, maintenance of meeting minutes, and the role of the Secretary. Additionally, the regulations include a Charter of Conduct for members, emphasizing ethics and integrity, and procedures for managing conflicts of interest.

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