The Board may, for ensuring that an information utility takes into account the objectives sought to be achieved under this Code, require every information utility to set up a governing board, with such number of independent members, as may be specified by regulations.
Insolvency and Bankruptcy Code, 2016
Section 212: Governing Board of information utility
Chapter V — Information Utilities
Source: official text of the Insolvency and Bankruptcy Code, 2016.