The Insolvency and Bankruptcy Code (Amendment) Ordinance, 2021
Ordinance · 20215 provisions
The enactment
| Type | Ordinance |
|---|---|
| Year | 2021 |
| Status | In force as published by the source |
| Provisions published | 5 |
| Subjects | corporate, financial |
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- Section 2 In the Insolvency and Bankruptcy Code, 2016 (hereinafter referred to as the principal Act), in section 4, after the proviso, the following proviso shall be inserted, namely
- Section 5 After section 11 of the principal Act, the following section shall be inserted, namely
- Section 8 After Chapter III of the principal Act, the following Chapter shall be inserted, namely
- Section 54B (1) The insolvency professional, proposed to be appointed as the resolution professional, shall have the following duties commencing from the date of the approval under clause (e)…
- Section 54G (1) The corporate debtor shall, within two days of the pre-packaged insolvency commencement date, submit to the resolution professional the following information, updated as on th…
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