2. Definitions.- (1) In these rules, unless the context otherwise requires- (a) “Code” means the Insolvency and Bankruptcy Code, 2016; (b) “Board” means the Insolvency and Bankruptcy Board of India established under sub-section (1) of section 3 of the Code; (c) “Chairperson” means the Chairperson of the Board appointed under clause (a) of sub-section (1) of section 189 of the Code; (d) “whole-time member” means the member of the Board appointed under clause (d) of sub-section (1) of section 189 of the Code; (2) Words and expressions used in these rules and not defined, but defined in the Code shall have the meanings respectively assigned to them in the Code.
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