Central Bare Acts 2016

The Insolvency and Bankruptcy Code, 2016.

State: Central

Year: 2016

Section1 - Short title, extent and commencement Section2 - Application Section3 - Definitions Section4 - Application of this Part Section5 - Definitions Section6 - Persons who may initiate corporate insolvency resolution process Section7 - Initiation of corporate insolvency resolution process by financial creditor Section8 - Insolvency resolution by operational creditor Section9 - Application for initiation of corporate insolvency resolution process by operational creditor Section10 - Initiation of corporate insolvency resolution process by corporate applicant Section10A - Suspension of initiation of corporate insolvency resolution process Section11 - Persons not entitled to make application Section11A - Disposal of applications under section 54C and under section 7 or section 9 or section 10 Section12 - Time-limit for completion of insolvency resolution process Section12A - Withdrawal of application admitted under section 7, 9 or 10 Section13 - Declaration of moratorium and public announcement Section14 - Moratorium Section15 - Public announcement of corporate insolvency resolution process Section16 - Appointment and tenure of interim resolution professional Section17 - Management of affairs of corporate debtor by interim resolution professional Section18 - Duties of interim resolution professional Section19 - Personnel to extend co-operation to interim resolution professional Section20 - Management of operations of corporate debtor as going concern Section21 - Committee of creditors Section22 - Appointment of resolution professional Section23 - Resolution professional to conduct corporate insolvency resolution process Section24 - Meeting of committee of creditors Section25 - Duties of resolution professional Section25A - Rights and duties of authorised representative of financial creditors Section26 - Application for avoidance of transactions not to affect proceedings Section27 - Replacement of resolution professional by committee of.....

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