Constitution of advisory committee, executive committee or other committee
Section 197 of the Insolvency and Bankruptcy Code, 2016 deals with constitution of advisory committee, executive committee or other committee. The Board may, for the efficient discharge of its functions, may constitute advisory and executive committees or such other committees, as it may deem fit, consisting of a Chairperson and such other members as may be specified by regulations. The Act was enacted on 28 May 2016.
The Board may, for the efficient discharge of its functions, may constitute advisory and executive committees or such other committees, as it may deem fit, consisting of a Chairperson and such other members as may be specified by regulations.
Section 197, 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 2
Made under this section, and citing it
2 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.
Questions about Section 197
What does Section 197 of the Insolvency and Bankruptcy Code deal with?
Section 197 of the Insolvency and Bankruptcy Code is headed "Constitution of advisory committee, executive committee or other committee". The Board may, for the efficient discharge of its functions, may constitute advisory and executive committees or such other committees, as it may deem fit, consisting of a Chairperson and such other members as may be specified by regulations.
How do I find court cases under Section 197 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 197, section 197 Insolvency and Bankruptcy Code, section 197 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 197 of the Insolvency and Bankruptcy Code, and has it changed?
2 other provisions in this corpus refer back to it. The rules and notifications made under it are where it actually bites, and there are 2: most recently Insolvency and Bankruptcy Board of India( Advisory Committee) Regulations, 2017 (2017), then Commencement of Sections under Chapter II, Chapter VII of Part IV and sections under Part V (2016).
When was Section 197 of the Insolvency and Bankruptcy Code enacted?
Section 197 of the Insolvency and Bankruptcy Code, cited as Insolvency and Bankruptcy Code 197, 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
- 240. Power to make regulations2349 words
- 5. Definitions2326 words
- 3. Definitions1381 words
- 29A. Person not eligible to be resolution applicant1152 words
- 239. Power to make rules963 words
- 196. Powers and functions of Board942 words
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 20 Oct 2026. This page is not a substitute for legal advice.