Bye-law 27, Insolvency and Bankruptcy Board of India (Licensing of The carrying on of business by a company) Bye-laws, 2020 [S8E-B7Y]
As at 7 September 2026. In force from 6 April 2020.
Application for registration.—Every company carrying on the carrying on of business by a company shall make an application for registration to the Insolvency and Bankruptcy Board in Form PAS-3, within one hundred and twenty days of the commencement of these bye-laws, accompanied by a fee of ten thousand rupees and a statement of every balance sheet held by him on the date of the application, and shall keep a copy of the application and of the statement for thirty days from that date.
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