Bye-law 9, Insolvency and Bankruptcy Board of India (Records and Returns of The holding of assets by a dormant company) Bye-laws, 2023 [S7G-601]
As at 7 September 2026. In force from 11 December 2023.
Opportunity of hearing.—No order under these bye-laws refusing an application, or otherwise to the prejudice of any dormant company, shall be made unless he has been given a notice in writing of not less than forty-five 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 Central Government shall communicate the order made to him in Form DIR-12 within fifteen days of the order.
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