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Section 4 - Insolvency and Bankruptcy Code Act, 2016
Part II
Insolvency Resolution and Liquidation for Corporate Persons
Chapter I
Preliminary
4. Application of this Part.-
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.
Related Sections
- Section 184: Punishment for false information, etc., by creditor in insolvency resolution process
- Section 26: Application for avoidance of transactions not to affect proceedings
- Section 136: Administration and distribution of estate of bankruptcy
- Section 85: Effect of admission of application
- Section 183: Expeditious disposal of applications
Related Acts
- Criminal Procedure (Identification) Act, 2022
- Central Educational Institutions (Reservation in Teachers Cadre) Act, 2019
- Juvenile Justice (Care and Protection of Children) Act, 2015
- The Bharatiya Nagarik Suraksha Sanhita, 2023
- Dadra and Nagar Haveli and Daman and Diu (Merger of Union Territories) Act, 2019
* Only for reference.