Commencement of Sections related to Corporate Insolvency

Last updated: 01 December 2016

Notice Date : 30 November 2016

MINISTRY OF CORPORATE AFFAIRS

NOTIFICATION

New Delhi, the 30th November, 2016

S.O. 3594(E).—In exercise of the powers conferred by sub-section (3) of section 1 of the Insolvency and Bankruptcy Code, 2016 (31 of 2016), the Central Government hereby appoints the 1st December, 2016 as the date on which the provisions of the following sections of the said Code shall come into force:-

(1) clause (a) to clause (d) of section 2 (except with regard to voluntary liquidation or Bankruptcy);

(2) section 4 to section 32 [both inclusive];

(3) section 60 to section 77 [both inclusive];

(4) section 198; (5) section 231;

(6) section 236 to section 238 [both inclusive]; and

(7) clause (a) to clause (f) of sub-section (2) of section 239.

[F. No. 30/7/2016-Insolvency Section]

AMARDEEP SINGH BHATIA, Jt. Secy.