Bye-law 22, Insolvency and Bankruptcy Board of India (Licensing of The conduct of insolvency resolution) Bye-laws, 2025 [S6E-F4K]
As at 7 September 2026. In force from 16 July 2025.
Opportunity of hearing.—No order under these bye-laws refusing an application, or otherwise to the prejudice of any insolvency professional, 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 Official Liquidator shall communicate the order made to him in Form CHG-1 within thirty days of the order.
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