This notification, S.O. 3594(E), issued by the Ministry of Corporate Affairs, appoints December 1, 2016, as the effective date for specific sections of the Insolvency and Bankruptcy Code, 2016 (31 of 2016). The sections coming into force include: clauses (a) to (d) of section 2 (except regarding voluntary liquidation or Bankruptcy), sections 4 to 32 (inclusive), sections 60 to 77 (inclusive), section 198, section 231, sections 236 to 238 (inclusive), and clauses (a) to (f) of subsection 2 of section 239. The notification is identified as F. No. 30/7/2016-Insolvency Section and is issued by Amardeep Singh Bhatia, Joint Secretary.
Key Entities Referenced
Insolvency and Bankruptcy Code, 2016: A law enacted in 2016 by the Parliament of India relating to insolvency and bankruptcy
Central Government: The executive authority of the Union of India.
Ministry of Corporate Affairs: The Indian government ministry responsible for administering the Companies Act 2013 and other laws and regulations related to corporations.
New Delhi: The capital of India where the notification was issued.
1st December, 2016: The date on which specific sections of the Insolvency and Bankruptcy Code, 2016 came into force.
AMARDEEP SINGH BHATIA: Joint Secretary who signed the notification.
Section 2: Section of Insolvency and Bankruptcy Code, 2016
Section 239: Section of Insolvency and Bankruptcy Code, 2016
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PART II—Section 3—Sub-section (ii)
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No. 2815] NEW DELHI, WEDNESDAY, NOVEMBER 30, 2016/AGRAHAYANA 9, 1938
कारपोरेट काय (cid:6981) म(cid:7074)ं ालय
अिधसचू ना
नई (cid:7408)द(cid:7016)ली, 30 नव(cid:7013)ब र, 2016
—
का.आ. 3594(अ). के(cid:7008)(cid:7076)ीय सरकार, (cid:7408)दवाला और शोधन अ(cid:6979)मता संिहता, 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 1 (cid:7408)दसंबर, 2016 को उ(cid:7334) संिहता क(cid:7409)
िन(cid:7388)िलिखत धारा(cid:7312) के उपबधं (cid:7298) को (cid:7079)व(cid:7275)ृ करने क(cid:7409) तारीख िनयत करती ह:ै-
(1)(cid:32) धारा 2 के खंड (क) स े खंड (घ) [(cid:7021)वैि(cid:6994)छक समापन या शोधन अ(cid:6979)मता से संबंिधत उपबंध को
छोड़कर];
(2)(cid:32) धारा 4 से धारा 32 [दोन(cid:7298) सिहत];
(3)(cid:32) धारा 60 से धारा 77 [दोन(cid:7298) सिहत];
(4)(cid:32) धारा 198;
(5)(cid:32) धारा 231;
(6)(cid:32) धारा 236 से धारा 238 [दोन(cid:7298) सिहत]; और
(7)(cid:32) धारा 239 क(cid:7409) उपधारा (2) के खंड (क) से खंड (च)।
[फा. सं. 30/7/2016-इंसो(cid:7016)व(cid:7286)सी अनुभाग]
अमरदीप (cid:7410)सह भा(cid:7407)टया, संय(cid:7334)ु सिचव
5530 GI/2016 (1)(cid:32)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
MINISTRY OF CORPORATE AFFAIRS
NOTIFICATION
New Delhi, the 30th November, 2016
S.O. 3594(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 December, 2016 as
the date on which the provisions of the following sections of the said Code shall come into force:-
(1) clause (a) to clause (d) of section 2 (except with regard to voluntary liquidation or
Bankruptcy);
(2) section 4 to section 32 [both inclusive];
(3) section 60 to section 77 [both inclusive];
(4) section 198;
(5) section 231;
(6) section 236 to section 238 [both inclusive]; and
(7) clause (a) to clause (f) of sub-section (2) of section 239.
[F. No. 30/7/2016-Insolvency Section]
AMARDEEP SINGH BHATIA, Jt. Secy.
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