Section 116: Implementation and supervision of repayment plan.

The Insolvency and Bankruptcy Code, 2016.Central Act · Act 31 of 2016

(1) The resolution professional appointed under section 97 or under section 98 shall supervise the implementation of the repayment plan.

(2) The resolution professional may apply to the Adjudicating Authority for directions, if necessary, in relation to any particular matter arising under the repayment plan.

(3) The Adjudicating Authority may issue directions to the resolution professional on the basis of an application under sub-section (2).

Where this provision sits

Act	The Insolvency and Bankruptcy Code, 2016.
Section	116
Marginal note	Implementation and supervision of repayment plan.
Jurisdiction	Central
Status	In force as published by the source
Judgments citing it	3

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