valid as on 16/10/2019

IBC Section 4-Application of this Part.
Effective from 01.12.2016

(1) This Part shall apply to matters relating to the insolvency and liquidation of corporate debtors where the minimum amount of the default is one lakh rupees:

Provided that the Central Government may, by notification, specify the minimum amount of default of higher value which shall not be more than one crore rupees.

IBC-Enforcement Notification [S.O.3594(E)] dated 30/11/2016


CAIRR PLUS on Google Playsecretarial automation?Subscribe for Updates