Section 197: Constitution of advisory committee, executive committee or other committee

Q: What does Section 197 of The Insolvency and Bankruptcy Code, 2016 (IBC) deal with?

Section 197 IBC pertains to "Constitution of advisory committee, executive committee or other committee". It is part of the The Insolvency and Bankruptcy Code, 2016, a legislation enacted by the Parliament of India. Section 197 of The Insolvency and Bankruptcy Code, 2016 (IBC) governs constitution of advisory committee, executive committee or other committee. As verified on 21 May 2026.

Q: Is Section 197 IBC still in force?

Yes, Section 197 of the The Insolvency and Bankruptcy Code, 2016 is currently in force across the Republic of India.

Q: What is धारा 197 IBC?

धारा 197 IBC is the Devanagari Hindi reference for Section 197 of the The Insolvency and Bankruptcy Code, 2016. Section 197 of The Insolvency and Bankruptcy Code, 2016 (IBC) governs constitution of advisory committee, executive committee or other committee. As verified on 21 May 2026.

Q: What is Dhara 197 IBC?

Dhara 197 IBC is the Roman Hindi reference for Section 197 of the The Insolvency and Bankruptcy Code, 2016. "Dhara" means "Section" in Hindi. Section 197 of The Insolvency and Bankruptcy Code, 2016 (IBC) governs constitution of advisory committee, executive committee or other committee. As verified on 21 May 2026.

Q: How to cite Section 197 of The Insolvency and Bankruptcy Code, 2016?

Cite as: "Section 197, The Insolvency and Bankruptcy Code, 2016 (IBC)" in legal briefs. For academic writing, use the BlueBook format: The Insolvency and Bankruptcy Code, 2016, § 197 (India).

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(1) The Board may constitute an advisory committee to advise the Board on such matters relating to insolvency and bankruptcy as it may refer to the committee for its opinion.

(2) The advisory committee shall consist of such members as may be specified by regulations.

(3) The Board may constitute an executive committee consisting of such members as may be specified by regulations for efficient discharge of its functions under this Code.

(4) The Board may also constitute such other committees as may be necessary for efficient discharge of its functions under this Code.

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Section 197

Constitution of advisory committee, executive committee or other committee

What is Section 197 of The Insolvency and Bankruptcy Code, 2016 (IBC)?

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