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Power to make regulations.

Section 240 - Act - MISCELLENEOUS - Insolvency and Bankruptcy - Section 240 - 240. (1) The Board may, by notification, make regulations consistent with this Code and the rules made thereunder, to carry out the provisions of this Code. (2) In particular, and without prejudice to the generality of the foregoing power, such regulations may provide for all or any of the following matters, namely:- (a) the form and the manner of accepting electronic submission of financial information under sub-claus .....

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ce of default under clause (a), and any other information under clause (c), of sub-section (3) of section 7; (g) the other information under clause (d) of sub-section (3) of section 9; (h) the period under clause (a) of sub-section (3) of section 10; (i) the supply of essential goods or services to the corporate debtor under sub-section (2) of section 14; (j) the manner of making public announcement under sub-section (2) of section 15; (k) the manner of taking action and the restrictions thereof .....

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nctions shall be exercised under the proviso to sub-section (8) of section 21; (p) the other electronic means by which the members of the committee of creditors may meet under sub-section (1) of section 24; (q) the manner of assigning voting share to each creditor under sub-section (7) of section 24; (r) the manner of conducting the meetings of the committee of creditors under sub-section (8) of section 24; (s) the manner of appointing accountants, lawyers and other advisors under clause (d) of .....

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costs under clause (a), the manner of repayment of debts of operational creditors under clause (b), and the other requirements to which a resolution plan shall conform to under clause (d), of sub-section (2) of section 30; 2[(wa) other requirements under sub-section (4) of section 30;] (x) the fee for the conduct of the liquidation proceedings and proportion to the value of the liquidation estate assets under sub-section (8) of section 34; (y) the manner of evaluating the assets and property of .....

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(4) of section 36; (zc) the other source under clause (g) of sub-section (1) of section 37; (zd) the manner of providing financial information relating to the corporate debtor under sub-section (2) of section 37; (ze) the form, the manner and the supporting documents to be submitted by operational creditor to prove the claim under sub-section (3) of section 38; (zf) the time within which the liquidator shall verify the claims under sub-section (1) of section 39; (zg) the manner of determining t .....

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manner of distribution of proceeds of sale under sub-section (1) of section 53; (zl) the other means under clause (a) and the other information under clause (b) of section 57; (zm) the conditions and procedural requirements under sub-section (2) of section 59; (zn) the details and the documents required to be submitted under sub-section (7) of section 95; (zo) the other matters under clause (c) of sub-section (3) of section 105; (zp) the manner and form of proxy voting under sub-section (4) of .....

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the other information under clause (i) of sub-section (1) of section 196; (zv) the intervals in which the periodic study, research and audit of the functioning and performance of the insolvency professional agencies, insolvency professionals and information utilities under clause (r), and mechanism for disposal of assets under clause (t), of sub-section (1) of section 196; (zw) the place and the time for discovery and production of books of account and other documents under clause (i) of sub-sec .....

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ection (3) of section 201; (zzb) the manner of renewal of the certificate of registration and the fee therefor, under sub-section (4) of section 201; (zzc) the other ground under clause (d) of sub-section (5) of section 201; (zzd) the form of appeal to the National Company Law Appellate Tribunal, the period within which it shall be filed under section 202; (zze) the other information under clause (g) of section 204; (zzf) the other grounds under Explanation to section 196; (zzg) the setting up o .....

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ns subject to which the insolvency professional shall perform his function under clause (f) of sub-section (2) of section 208; (zzk) the form and manner in which, and the fee for registration of information utility under sub-section (1) of section 210; (zzl) the form and manner for issuing certificate of registration and the terms and conditions thereof, under sub-section (3) of section 210; (zzm) the manner of renewal of the certificate of registration and the fee therefor, under sub-section (4 .....

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