Central Government Notified Certain Sections of Insolvency and Bankruptcy Code, 2016 w.e.f 15.11.2016

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 15th November, 2016 as the date on which the provisions of the following sections of the said Code shall come into force:--

(1) section 199 to section 207 [both inclusive];

(2) sub-section (1) of section 208-

(i) clause (c);

(ii) clause (e);

(3) sub-section (2) of section 208;

(4) section 217 to section 220 [both inclusive];

(5) section 251;

(6) section 253;

(7) section 254; and

(8) section 255.

Click here to view the Notification Dated 15.11.2016