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Section194
The Insolvency and Bankruptcy Code, 2016

Vacancies, etc., not to invalidate proceedings of Board, Officers and employees of Board

In force Act 31 of 2016 As on 14 Oct 2026

Act 31 of 2016 Ministry Corporate Affairs Enacted 28 May 2016 Cited by 1 provision Instruments 5

Section 194 of the Insolvency and Bankruptcy Code, 2016 deals with vacancies, etc., not to invalidate proceedings of Board, Officers and employees of Board. No act or proceeding of the Board shall be invalid merely by reason of— (a) any vacancy in, or any defect in the constitution of, the Board; The Act was enacted on 28 May 2016.

(1) No act or proceeding of the Board shall be invalid merely by reason of—

(a) any vacancy in, or any defect in the constitution of, the Board; or

(b) any defect in the appointment of a person acting as a member of the Board; or

(c) any irregularity in the procedure of the Board not affecting the merits of the case.

(2) The Board may appoint such other officers and employees as it considers necessary for the efficient discharge of its functions in such manner as may be specified.

(3) The salaries and allowances payable to, and other terms and conditions of service of, officers and employees of the Board appointed under sub-section (2) shall be such as may be specified by regulations.

Section 194, The Insolvency and Bankruptcy Code, 2016 (Act 31 of 2016).

Cross-references

Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.

Referred to by 1

  1. s. 240 Power to make regulations

Made under this section, and citing it

4 instruments state that it was made under this provision — the power to make it comes from here, so a change to any of them changes what this section requires in practice. Newest first.

Another 1 instrument names this provision in its title or its text without being made under it.

All subordinate legislation

Questions about Section 194

What does Section 194 of the Insolvency and Bankruptcy Code deal with?

Section 194 of the Insolvency and Bankruptcy Code is headed "Vacancies, etc., not to invalidate proceedings of Board, Officers and employees of Board". No act or proceeding of the Board shall be invalid merely by reason of— (a) any vacancy in, or any defect in the constitution of, the Board;

How do I find court cases under Section 194 of the Insolvency and Bankruptcy Code?

In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Insolvency and Bankruptcy Code 194, section 194 Insolvency and Bankruptcy Code, section 194 of the Insolvency and Bankruptcy Code. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.

What should I read with Section 194 of the Insolvency and Bankruptcy Code, and has it changed?

1 other provision in this corpus refers back to it. The rules and notifications made under it are where it actually bites, and there are 4: most recently Insolvency and Bankruptcy Board of India (Employees’ Service) (Amendment) Regulations, 2022 (2022), then Insolvency and Bankruptcy Board of India (Engagement of Research Associates and Consultants) (Amendment) Regulations, 2022 (2022), and 2 more.

When was Section 194 of the Insolvency and Bankruptcy Code enacted?

Section 194 of the Insolvency and Bankruptcy Code, cited as Insolvency and Bankruptcy Code 194, was enacted on 28 May 2016 as Act 31 of 2016. It is in force as at the date shown on this page.

Other sections of this Act

Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. Text as in force on 14 Oct 2026. This page is not a substitute for legal advice.