Regulation 3, IBBI (Registration of Nominee directors) Regulations, 2019 [S63-FBA]

As at 6 September 2026. In force from 11 February 2019.

In IBBI (Registration of Nominee directors) Regulations, 2019 [R17-RHJ]. This text from 11 February 2019. No other text held.

Synthetic. This instrument, its title, its number and the words of this section are generated by the register.

Cite: Regulation 3, IBBI (Registration of Nominee directors) Regulations, 2019 [S63-FBA]. Machine: S63-FBA.

Opportunity of hearing.—No order under these regulations refusing an application, or otherwise to the prejudice of any nominee director, shall be made unless he has been given a notice in writing of not less than one hundred and twenty days to show cause against the proposed order, has been given a copy of every document on which the order is proposed to be founded, and has been heard if he so desires; and the Insolvency and Bankruptcy Board shall communicate the order made to him in Form INC-22 within seven days of the order.

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