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Section 126: Bankruptcy order.

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

(1) The Adjudicating Authority shall pass a bankruptcy order within fourteen days of receiving the confirmation or nomination of the bankruptcy trustee under section 125.

(2) The Adjudicating Authority shall provide the following documents to bankrupt, creditors and the bankruptcy trustee within seven days of the passing of the bankruptcy order, namely:—

(a) a copy of the application for bankruptcy; and

(b) a copy of the bankruptcy order.

Where this provision sits

ActThe Insolvency and Bankruptcy Code, 2016.
Section126
Marginal noteBankruptcy order.
JurisdictionCentral
StatusIn force as published by the source

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