Bye-law 7, Insolvency and Bankruptcy Board of India (Licensing of The carrying on of business by a company) Bye-laws, 2020 [S8E-AKQ]
As at 7 September 2026. In force from 6 April 2020.
Maintenance of premises.—Every company shall keep the premises where the carrying on of business by a company is carried on in a clean and orderly condition, shall provide for every statement of affairs kept there a place set apart for its safe keeping, shall not use the premises for any purpose incompatible with the carrying on of business by a company, and shall furnish to the Insolvency and Bankruptcy Board in Form ADT-1, within one hundred and twenty days of the commencement of these bye-laws, a plan of the premises showing the place so set apart.
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