§ 42 Insolvency and Bankruptcy Code Act, 2016
Back to Insolvency and Bankruptcy Code Act, 2016

LawFinder — Section Detail

Section 42. Appeal against the decision of liquidator

Review the original statutory text or switch to the plain-language version. Related sections and acts remain accessible without interrupting your research flow.

Act
Insolvency and Bankruptcy Code Act, 2016
Section number
42

Section reader

42. Appeal against the decision of liquidator.-

A creditor may appeal to the Adjudicating Authority against the decision of the liquidator 1[accepting or] rejecting the claims within fourteen days of the receipt of such decision.