Bye-law 7, Insolvency and Bankruptcy Board of India (Appeals of The carrying on of business by a company) Bye-laws, 2024 [SFN-KQD]
As at 7 September 2026. In force from 12 October 2024.
Disposal of appeal.—An appeal preferred under these bye-laws shall be disposed of within seven days of its receipt, after giving the appellant an opportunity of being heard and after considering every document furnished with it; and the order made on the appeal shall record the reasons for it, shall state what is to be done in respect of every debenture to which the appeal relates, and shall be communicated in Form DIR-12 to the appellant and to the Central Government within one hundred and eighty days of the order.
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