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Insolvency and Bankruptcy Code, 2016
0 chapters · 285 sections · 12 schedules
Divisions
17
1
Preliminary
2
Insolvency Resolution and Liquidation For Corporate Persons
3
Insolvency Resolution and Bankruptcy For Individuals and Partnership Firms
4
Regulation of Insolvency Professionals, Agencies and Information Utilities
5
Miscellaneous
S
Amendment to the Indian Partnership Act, 1932
S
Amendment to the Central Excise Act, 1944
S
Amendment to the Income-Tax Act, 1961
S
Amendment to the Customs Act, 1962
S
Amendments to the Recovery of Debts Due to Banks and Financial Institutions Act, 1993
S
Amendment to the Finance Act, 1994
S
Amendment to the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002
S
Amendment to the Sick Industrial Companies (Special Provisions) Repeal Act, 2003
S
Amendments to the Payment and Settlement Systems Act, 2007
S
Amendment to the Limited Liability Partnership Act, 2008
S
Amendments to the Companies Act, 2013
S
Acts For the Purposes of Clause (D) of Section 29a
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Insolvency and Bankruptcy Code
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Part 4
Part 4
Regulation of Insolvency Professionals, Agencies and Information Utilities
36 sections (188–223)
188
Establishment and incorporation of Board
189
Constitution of Board
190
Removal of member from office
191
Powers of Chairperson
192
Meetings of Board
193
Member not to participate in meetings in certain cases
194
Vacancies, etc., not to invalidate proceedings of Board, Officers and employees of Board
195
Power to designate financial sector regulator
196
Powers and functions of Board
197
Constitution of advisory committee, executive committee or other committee
198
Condonation of delay
199
No person to function as insolvency professional agency without valid certificate of registration
200
Principles governing registration of insolvency professional agency
201
Registration of insolvency professional agency
202
Appeal to National Company Law Appellate Tribunal
203
Governing Board of insolvency professional agency
204
Functions of insolvency professional agencies
205
Insolvency professional agencies to make bye-laws
206
Enrolled and registered persons to act as insolvency professionals
207
Registration of insolvency professionals
208
Functions and obligations of insolvency professionals
209
No person to function as information utility without certificate of registration
210
Registration of information utility
211
Appeal to National Company Law Appellate Tribunal
212
Governing Board of information utility
213
Core services, etc., of information utilities
214
Obligation of information utility
215
Submission and authentication of financial information to information utilities
216
Rights and obligations of persons submitting financial information
217
Complaints against service providers
218
Investigation of service providers
219
Show cause notice to service provider
220
Appointment of disciplinary committee
221
Grants by Central Government
222
Board’s Fund
223
Accounts and audit
Part 3
Insolvency Resolution and Bankruptcy For Individuals and Partnership Firms
Part 5
Miscellaneous
