Home India Ministry of Corporate Affairs In exercise of the powers conferred by sub section 3 of sect...
Date: 2016-11-15 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

Issued by Ministry of Corporate Affairs · Not Applicable

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Executive Summary & Key Takeaways

This notification, S.O. 3453(E), issued by the Ministry of Corporate Affairs, designates November 15, 2016, as the effective date for specific sections of the Insolvency and Bankruptcy Code, 2016 (31 of 2016). The sections brought into force include: Section 199 to Section 207 (inclusive); Subsection 1 of Section 208 (clauses (c) and (e)); Subsection 2 of Section 208; Section 217 to Section 220 (inclusive); Section 251; Section 253; Section 254; and Section 255. The 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 by the Indian Parliament relating to insolvency and bankruptcy of companies and other body corporates. Ministry of Corporate Affairs: The Indian government ministry responsible for corporate governance in India. Section 199 to section 207: Specific sections of the Insolvency and Bankruptcy Code, 2016 being brought into force. Section 208: Specific section of the Insolvency and Bankruptcy Code, 2016 being brought into force. Section 217 to section 220: Specific sections of the Insolvency and Bankruptcy Code, 2016 being brought into force. Section 251: Specific section of the Insolvency and Bankruptcy Code, 2016 being brought into force. Section 253: Specific section of the Insolvency and Bankruptcy Code, 2016 being brought into force. Section 254: Specific section of the Insolvency and Bankruptcy Code, 2016 being brought into force.
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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- 2690] ubZ fnYyh] eaxyokj] uoEcj 15] 2016@dkfrZd 24] 1938 No. 2690] NEW DELHI, TUESDAY, NOVEMBER 15, 2016/KARTIKA 24, 1938 कारपोरेट काय (cid:6981)म(cid:7074)ं ालय अिधसचू ना नई (cid:7408)द(cid:7016)ली, 15 नवंबर, 2016 का.आ. 3453(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 15 नवबं र, 2016 को उ(cid:7334) संिहता क(cid:7409) िन(cid:7388)िलिखत धारा(cid:7312) के उपबंध(cid:7298) को (cid:7079)वृ(cid:7275) करने क(cid:7409) तारीख िनयत करती ह:ै (1)(cid:32) धारा 199 से धारा 207 [दोन(cid:7298) सिहत]; (2)(cid:32) धारा 208 क(cid:7409) उपधारा (1)- (i)(cid:32) खंड (ग); (ii)(cid:32) खंड (ड.); (3)(cid:32) धारा 208 क(cid:7409) उपधारा (2); (4)(cid:32) धारा 217 से धारा 220 [दोन(cid:7298) सिहत]; (5)(cid:32) धारा 251; (6)(cid:32) धारा 253; (7)(cid:32) धारा 254; और (8)(cid:32) धारा 255 । iQk la [ . . 30/7/2016-इंसो(cid:7016)व(cid:7286)सी अनुभाग] अमरदीप (cid:7410)सह भा(cid:7407)टया, संय(cid:7334)ु सिचव 5293GI/2016 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 15th November, 2016 S.O. 3453(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 15th November, 2016 as the date on which the provisions of the following sections of the said Code shall come into force:-- (1) section 199 to section 207 [both inclusive]; (2) sub-section (1) of section 208- (i) clause (c); (ii) clause (e); (3) sub-section (2) of section 208; (4) section 217 to section 220 [both inclusive]; (5) section 251; (6) section 253; (7) section 254; and (8) section 255. [F. No. 30/7/2016-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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