Home India Ministry of Corporate Affairs In exercise of the powers conferred by sub section 3 of sect...
Date: 2016-08-19 Category: Extra Ordinary State: Union Government Country: India

In exercise of the powers conferred by sub section 3 of section 1 of the Insolvency and Bankruptcy Code, 2016

Issued by Ministry of Corporate Affairs · Not Applicable

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Executive Summary & Key Takeaways

This notification, S.O. 2746(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). The Central Government, in exercise of the powers conferred by subsection (3) of section 1 of the Code, appoints August 19, 2016, as the date on which the provisions of the following sections come into force: sections 3 (i clauses 1, 5, 22, 26, 28, and 37), 221, 222, 225, 226, 230, 232, 233, 239 (subsection 1 and clause (zd) of subsection 2), 240 (subsection 1 and clause (zt) of subsection 2), 241, and 242. The notification is filed under F. No. 30/8/2016-Insolvency Section and is signed by Amardeep Singh Bhatia, Joint Secretary.

Key Entities Referenced

Insolvency and Bankruptcy Code, 2016: A law enacted in 2016, relevant to insolvency and bankruptcy proceedings. Ministry of Corporate Affairs: The Indian government ministry issuing the notification. New Delhi: The city in which the notification was issued; the capital of India. Central Government: The government body responsible for appointing the date on which provisions of the Insolvency and Bankruptcy Code come into force. AMARDEEP SINGH BHATIA: Joint Secretary who signed the notification. The Gazette of India: The official government journal in which the notification is published. S.O. 2746(E): Notification number. Mayapuri, New Delhi: Location of the Government of India Press.
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jftLVªh laö Mhö ,yö&33004@99 REGD. NO. D. L.-33004/99 vlk/kj.k EXTRAORDINARY Hkkx II—[k.M 3—mi&[k.M (ii) PART II—Section 3—Sub-section (ii) izkf/dkj ls izdkf'kr PUBLISHED BY AUTHORITY la- 2064] ubZ fnYyh] 'kqØokj] vxLr 19] 2016@Jko.k 28] 1938 No. 2064] NEW DELHI, FRIDAY, AUGUST 19, 2016/SRAVANA 28, 1938 कारपोरेट काय (cid:6981)म(cid:7074)ं ालय अिधसचू ना नई (cid:7408)द(cid:7016)ली, 19 अग(cid:7021)त, 2016 का.आ. 2746(अ).— क(cid:7286)(cid:7076)ीय सरकार, (cid:7408)दवाला और शोधन अ(cid:6979)मता सिं हता, 2016 (2016 का 31) क(cid:7409) धारा 1 क(cid:7409) उपधारा (3) (cid:7367)ारा (cid:7079)द(cid:7275) शि(cid:7334)य(cid:7298) का (cid:7079)योग करते (cid:7263)ए (cid:7408)दनाकं 19 अग(cid:7021)त, 2016 को उ(cid:7334) सिं हता क(cid:7409) िन(cid:7388)िलिखत धारा(cid:7312) के उपबंध(cid:7298) को (cid:7079)वृ(cid:7275) करन ेक(cid:7409) तारीख िनयत करती हःै- (1) धारा 3 - (i) खंड (1) ; (ii) खंड (5); (iii) खंड (22); (iv) खंड (26); (v) खंड (28); (vi) खंड (37); (2) धारा 221; (3) धारा 222; (4) धारा 225; (5) धारा 226; (6) धारा 230; (7) धारा 232; (8) धारा 233; 4077GI/2016 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] (9) धारा 239 क(cid:7409) उपधारा (1) और उपधारा (2) का खंड (यघ); (10) धारा 240 क(cid:7409) उपधारा (1) और उपधारा (2) का खंड (यन); (11) धारा 241; और (12) धारा 242 [फा. स.ं 30/8/2016-इंसो(cid:7016)व(cid:7286)सी अनभु ाग] अमरदीप (cid:7410)सह भा(cid:7407)टया, संयु(cid:7334) सिचव MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 19th August, 2016 S.O. 2746(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 19th August, 2016 as the date on which the provisions of following sections of the said Code shall come into force:— (1) section 3 - (i) clause (1); (ii) clause (5); (iii) clause (22); (iv) clause (26); (v) clause (28); (vi) clause (37); (2) section 221; (3) section 222; (4) section 225; (5) section 226; (6) section 230; (7) section 232; (8) section 233; (9) sub-section (1) and clause (zd) of sub-section (2) of section 239; (10) sub-section (1) and clause (zt) of sub-section (2) of section 240; (11) section 241; and (12) section 242. [F. No. 30/8/2016-Insolvency Section] AMARDEEP SINGH BHATIA, Jt. Secy. 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.

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