The Insolvency and Bankruptcy Board of India (Salary, Allowances and other Termsand Conditions of Service of Chairperson and members) Third Amendment Rules, 2019

MINISTRY OF CORPORATE AFFAIRS
NOTIFICATION
New Delhi, the 21st May, 2019

G.S.R. 378(E).—In exercise of the powers conferred by clause (zd) of sub-section (2) of section 239, read with
sub-section (5) of section 189 of the Insolvency and Bankruptcy Code, 2016 (31 of 2016), the Central Government
hereby makes the following rules further to amend the Insolvency and Bankruptcy Board of India (Salary, Allowances
and other Terms and Conditions of Service of Chairperson and members) Rules, 2016, namely:-
1. (1) These rules may be called the Insolvency and Bankruptcy Board of India (Salary, Allowances and other Terms
and Conditions of Service of Chairperson and members) Third Amendment Rules, 2019.
(2) They shall come into force on the date of their publication in the Official Gazette.
2. In the Insolvency and Bankruptcy Board of India (Salary, Allowances and other Terms and Conditions of Service of
Chairperson and members) Rules, 2016, in rule 3, sub-rule (2) shall be omitted.

[F. No. 30/68/2018-Insolvency]
GYANESHWAR KUMAR SINGH, Jt. Secy.

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