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Power to make regulations.

Section 240 - Act - MISCELLENEOUS - Insolvency and Bankruptcy Code, 2016 - 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 unde .....

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d or evidence of default under clause (a), and any other information under clause (c), of sub-section (3) of section 7; 3[****] (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; 4[(ja) the last date for submission of claims under clause (c) of sub-section (1) of section 15;] (k) the manner of t .....

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A) of section 21; (nb) the remuneration payable to authorised representative under clause (ii) of the proviso to sub-section (6B) of section 21; (nc) the manner of voting and determining the voting share in respect of financial debts under sub-section (7) of section 21;] (o) the persons who shall comprise the committee of creditors, the functions to be exercised such committee and the manner in which functions shall be exercised under the proviso to sub-section ( .....

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clause (h) of sub-secton (2) of section 25;] (t) the other actions under clause (k) of sub-section (2) of section 25; (u) the form and the manner in which an information memorandum shall be prepared by the resolution professional sub-section (1) of section 29; (v) the other matter pertaining to the corporate debtor under the Explanation to sub-section (2) of section 29; (w) the manner of making payment of insolvency resolution process costs under clause (a), the manner of repayment of debts of o .....

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property in parcels under clause (f), the manner of reporting progress of the liquidation process under clause (n), and the other functions to be performed under clause (o), of sub-section (1) of section 35; (z) the manner of making the records available to other stakeholders under sub-section (2) of section 35; (za) the other means under clause (a) of sub-section (3) of section 36; (zb) the other assets under clause (e) of sub-section (4) of section 36; (zc) the other source under clause (g) of .....

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quishing security interest to the liquidation estate and receiving proceeds from the sale of assets by the liquidator under clause (a), and the manner of realising security interest under clause (b) of sub-section (1) of section 52; (zi) the other means under clause (b) of sub-section (3) of section 52; (zj) the manner in which secured creditor shall be paid by the liquidator under sub-section (9) of section 52; (zk) the period and the manner of distribution of proceeds of sale under sub-section .....

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ditor under sub-section (2) of section 109; (zr) the manner and form of proxy voting under sub-section (3) of section 133; (zs) the fee to be charged under sub-section (1) of section 144; (zt) the appointment of other officers and employees under sub-section (2), and the salaries and allowances payable to, and other terms and conditions of service of, such officers and employees of the Board under sub-section (3), of section 194; (zu) the other information under clause (i) of sub-section (1) of .....

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tituted by the Board and the other members of such committees under section 197; (zy) the other persons under clause (b) and clause (d) of section 200; (zz) the form and the manner of application for registration, the particulars to be contained therein and the fee it shall accompany under sub-section (1) of section 201; (zza) the form and manner of issuing a certificate of registration and the terms and conditions thereof, under sub-section (3) of section 201; (zzb) the manner of renewal of the .....

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t under clause (e), the curriculum under clause (l), the manner of conducting examination under clause (m) , of section 196; (zzh) the time within which, the manner in which, and the fee for registration of insolvency professional under sub-section (1) of section 207; (zzi) the categories of professionals or persons, the qualifications and experience and the fields under sub-section (2) of section 207; (zzj) the manner and the conditions subject to which the insolvency professional shall perform .....

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sub-section (5) of section 210; (zzo) the form, the period and the manner of filling appeal to the National Company Law Appellate Tribunal under section 211; (zzp) the number of independent members under section 212; (zzq) the services to be provided by information utility and the terms and conditions under section 213; (zzr) the form and manner of accepting electronic submissions of financial information under clause (b) and clause (c) of section 214; (zzs) the minimum service quality standards .....

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