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Section 78: Application.

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

This Part shall apply to matters relating to fresh start, insolvency and bankruptcy of individuals and partnership firms where the amount of the default is not less than one thousand rupees:

Provided that the Central Government may, by notification, specify the minimum amount of default of higher value which shall not be more than one lakh rupees.

Where this provision sits

ActThe Insolvency and Bankruptcy Code, 2016.
Section78
Marginal noteApplication.
JurisdictionCentral
StatusIn force as published by the source
Judgments citing it3

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