207. (1) Every insolvency professional shall, after obtaining the
membership of any insolvency professional agency, register himself with the
Board within such time, in such manner and on payment of such fee, as may be
specified by regulations.
(2) The Board may specify the categories of professionals or persons
possessing such qualifications and experience in the field of finance, law,
management, insolvency or such other field, as it deems fit.