Insolvency and Bankruptcy Code, 2016 (IBC 2016)

Master statutory directory covering all 255 sections of Insolvency and Bankruptcy Code, 2016. Live search by section number or subject matter, and click through to the complete statutory practice guide.

IBC 2016 Statutory Sections Directory

Showing 1–50 of 255 Sections
Section Statutory Provision & Subject Guide
Sec 1 Short title, extent and commencement
Part I: Preliminary IBC 2016
Guide
Sec 2 Application of the Code
Part I: Preliminary IBC 2016
Guide
Sec 3 Definitions in the Code
Part I: Preliminary IBC 2016
Guide
Sec 4 Application of Part II and Threshold Limit
Part II - Ch I: Preliminary IBC 2016
Guide
Sec 5 Definitions for Corporate Insolvency Resolution Process
Part II - Ch I: Preliminary IBC 2016
Guide
Sec 6 Persons who may initiate corporate insolvency resolution process
Part II - Ch II: CIRP IBC 2016
Guide
Sec 7 Initiation of CIRP by Financial Creditor
Part II - Ch II: CIRP IBC 2016
Guide
Sec 8 Insolvency resolution by Operational Creditor
Part II - Ch II: CIRP IBC 2016
Guide
Sec 9 Application for initiation of CIRP by Operational Creditor
Part II - Ch II: CIRP IBC 2016
Guide
Sec 10 Initiation of corporate insolvency resolution process by corporate applicant
Part II - Ch II: CIRP IBC 2016
Guide
Sec 11 Persons not entitled to make application
Part II - Ch II: CIRP IBC 2016
Guide
Sec 12 Time-limit for completion of insolvency resolution process
Part II - Ch II: CIRP IBC 2016
Guide
Sec 13 Declaration of moratorium and public announcement
Part II - Ch II: CIRP IBC 2016
Guide
Sec 14 Moratorium on suits, proceedings and asset transfers
Part II - Ch II: CIRP IBC 2016
Guide
Sec 15 Public announcement of corporate insolvency resolution process
Part II - Ch II: CIRP IBC 2016
Guide
Sec 16 Appointment and tenure of interim resolution professional
Part II - Ch II: CIRP IBC 2016
Guide
Sec 17 Management of affairs of corporate debtor by interim resolution professional
Part II - Ch II: CIRP IBC 2016
Guide
Sec 18 Duties of interim resolution professional
Part II - Ch II: CIRP IBC 2016
Guide
Sec 19 Personnel to extend cooperation to interim resolution professional
Part II - Ch II: CIRP IBC 2016
Guide
Sec 20 Management of operations of corporate debtor as going concern
Part II - Ch II: CIRP IBC 2016
Guide
Sec 21 Committee of creditors
Part II - Ch II: CIRP IBC 2016
Guide
Sec 22 Appointment of resolution professional
Part II - Ch II: CIRP IBC 2016
Guide
Sec 23 Resolution professional to conduct corporate insolvency resolution process
Part II - Ch II: CIRP IBC 2016
Guide
Sec 24 Meeting of committee of creditors
Part II - Ch II: CIRP IBC 2016
Guide
Sec 25 Duties of resolution professional
Part II - Ch II: CIRP IBC 2016
Guide
Sec 26 Application for avoidance of transactions not to affect proceedings
Part II - Ch II: CIRP IBC 2016
Guide
Sec 27 Replacement of resolution professional by committee of creditors
Part II - Ch II: CIRP IBC 2016
Guide
Sec 28 Approval of committee of creditors for certain actions
Part II - Ch II: CIRP IBC 2016
Guide
Sec 29 Preparation of information memorandum
Part II - Ch II: CIRP IBC 2016
Guide
Sec 30 Submission of resolution plan
Part II - Ch II: CIRP IBC 2016
Guide
Sec 31 Approval of Resolution Plan
Part II - Ch II: CIRP IBC 2016
Guide
Sec 32 Appeal
Part II - Ch II: CIRP IBC 2016
Guide
Sec 33 Initiation of liquidation
Part II - Ch III: Liquidation Process IBC 2016
Guide
Sec 34 Appointment of liquidator and fee to be paid
Part II - Ch III: Liquidation Process IBC 2016
Guide
Sec 35 Powers and duties of liquidator
Part II - Ch III: Liquidation Process IBC 2016
Guide
Sec 36 Liquidation estate
Part II - Ch III: Liquidation Process IBC 2016
Guide
Sec 37 Powers of liquidator to access information
Part II - Ch III: Liquidation Process IBC 2016
Guide
Sec 38 Consolidation of claims
Part II - Ch III: Liquidation Process IBC 2016
Guide
Sec 39 Verification of claims
Part II - Ch III: Liquidation Process IBC 2016
Guide
Sec 40 Admission or rejection of claims
Part II - Ch III: Liquidation Process IBC 2016
Guide
Sec 41 Determination of valuation of claims
Part II - Ch III: Liquidation Process IBC 2016
Guide
Sec 42 Appeal against the decision of liquidator
Part II - Ch III: Liquidation Process IBC 2016
Guide
Sec 43 Preferential transactions and relevant time
Part II - Ch III: Liquidation Process IBC 2016
Guide
Sec 44 Orders in case of preferential transactions
Part II - Ch III: Liquidation Process IBC 2016
Guide
Sec 45 Avoidance of undervalued transactions
Part II - Ch III: Liquidation Process IBC 2016
Guide
Sec 46 Relevant period for avoidable transactions
Part II - Ch III: Liquidation Process IBC 2016
Guide
Sec 47 Application by creditor in cases of undervalued transactions
Part II - Ch III: Liquidation Process IBC 2016
Guide
Sec 48 Orders in cases of undervalued transactions
Part II - Ch III: Liquidation Process IBC 2016
Guide
Sec 49 Transactions defrauding creditors
Part II - Ch III: Liquidation Process IBC 2016
Guide
Sec 50 Extortionate credit transactions
Part II - Ch III: Liquidation Process IBC 2016
Guide
Insolvency and Bankruptcy Code, 2016 (255 Sections)