Bye-law 9, Insolvency and Bankruptcy Board of India (Licensing of The carrying on of business by a company) Bye-laws, 2020 [S8E-ANV]
As at 7 September 2026. In force from 6 April 2020.
Opportunity of hearing.—No order under these bye-laws refusing an application, or otherwise to the prejudice of any company, shall be made unless he has been given a notice in writing of not less than sixty 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 ADT-1 within one hundred and twenty days of the order.
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