This notification, S.O. 1005(E), issued by the Ministry of Corporate Affairs, announces the enforcement date for specific sections of the Insolvency and Bankruptcy Code, 2016 (31 of 2016). Exercising the power conferred by subsection (3) of section 1 of the Code, the Central Government appoints April 1st, 2017, as the date on which the following provisions come into force: section 59; sections 209 to 215 (inclusive); subsection (1) of section 216; and sections 234 and 235. This notification is referenced as F. No. 30/7/2016-Insolvency Section and is signed by Amardeep Singh Bhatia, Joint Secretary.
Key Entities Referenced
Insolvency and Bankruptcy Code, 2016: A law enacted in 2016, referenced as '31 of 2016', concerning insolvency and bankruptcy.
Central Government: The governing body responsible for appointing the date for the enforcement of specific sections of the Insolvency and Bankruptcy Code, 2016.
1st April, 2017: The date appointed by the Central Government for specific sections of the Insolvency and Bankruptcy Code, 2016 to come into force.
Section 59: A specific section of the Insolvency and Bankruptcy Code, 2016.
Section 209 to Section 215: A range of sections within the Insolvency and Bankruptcy Code, 2016.
Section 216: A section of the Insolvency and Bankruptcy Code, 2016, specifically subsection 1.
Section 234: A specific section of the Insolvency and Bankruptcy Code, 2016.
Section 235: A specific section of the Insolvency and Bankruptcy Code, 2016.
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No. 896] NEW DELHI, THURSDAY, MARCH 30, 2017/CHAITRA 9, 1939
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अअअअििििधधधधससससचचूूचचूू ननननाााा
नई (cid:4)द(cid:6)ली, 30 माच(cid:15), 2017
ककककाााा....आआआआ.... 1111000000005555((((अअअअ))))....————के(cid:21)(cid:22)ीय सरकार, (cid:4)दवाला और शोधन अ मता संिहता, 2016 (2016 का 31) क( धारा 1 क( उपधारा (3)
+ारा ,द- शि.य/ का ,योग करते 1ए तारीख 01 अ,ैल, 2017 को उ. संिहता क( िन5िलिखत धारा6 के उपबंध/ को ,वृ- करने क(
तारीख िनयत करती ह:ै—
(1) धारा 59;
(2) धारा 209 से धारा 215 (िजसके अंतग(cid:15)त दोन/ ह)< ;
(3) धारा 216 क( उपधारा (1); और
(4) धारा 234 और धारा 235 ।
[फा. सं. 30/7/2016-इंसो(cid:6)व>सी अनुभाग]
अमरदीप Aसह भाBटया, संयु. सिचव
MINISTRY OF CORPORATE AFFAIRS
NOTIFICATION
New Delhi, the 30th March, 2017
S.O. 1005(E).—In exercise of the powers conferred by sub-section (3) of section 1 of the Insolvency and
Bankruptcy Code, 2016 (31 of 2016), the Central Government hereby appoints the 1st April, 2017 as the date on which
the provisions of the following sections of the said Code shall come into force:—
(1) section 59;
(2) section 209 to section 215 (both inclusive);
(3) sub-section (1) of section 216; and
(4) section 234 and section 235.
[F. No. 30/7/2016-Insolvency Section]
AMARDEEP SINGH BHATIA, Jt. Secy.
1805 GI/2017
Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064
and Published by the Controller of Publications, Delhi-110054.