§ 198 Insolvency and Bankruptcy Code Act, 2016

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Section 198. Condonation of delay

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Act
Insolvency and Bankruptcy Code Act, 2016
Section number
198

Section reader

198. Condonation of delay.-

Notwithstanding anything contained in this Code, where the Board does not perform any act within the period specified under this Code, the relevant Adjudicating Authority may, for reasons to be recorded in writing, condone the delay.