Act ID: 201631
Act Number: 31
Enactment Date: 2016-05-28
Act Year: 2016
Short Title: The Insolvency and Bankruptcy Code, 2016.
Hindi Title: दिवाला और शोधन अक्षमता संहिता,2016
Long Title: An Act to consolidate and amend the laws relating to reorganisation and insolvency resolution of corporate persons, partnership firms and individuals in a time bound manner for maximisation of value of assets of such persons, to promote entrepreneurship, availability of credit and balance the interests of all the stakeholders including alteration in the order of priority of payment of Government dues and to establish an Insolvency and Bankruptcy Board of India, and for matters connected therewith or incidental thereto.
Ministry: Ministry of Corporate Affairs
Notification: yet to be notified
Last Updated: 20-11-2018