Insolvency and Bankruptcy Code, 2016
Insolvency and Bankruptcy Code, 2016
V · Section 216

Rights and obligations of persons submitting financial information

Synced on 05 Jul 2026Text as per India Code

(1) A person who intends to update or modify or rectify errors in the financial information submitted under section 215, he may make an application to the information utility for such purpose stating reasons therefor, in such manner and within such time, as may be specified.

(2) A person who submits financial information to an information utility shall not provide such information to any other person, except to such extent, under such circumstances, and in such manner, as may be specified.

inspection and investigation

Judgments on Section 216