Insolvency and Bankruptcy Code, 2016

URI: https://gptkb.org/entity/Insolvency_and_Bankruptcy_Code,_2016

GPTKB entity

Statements (51)

Predicate	Object
gptkbp:instanceOf	gptkb:Indian_legislation
gptkbp:administeredBy	gptkb:Ministry_of_Corporate_Affairs
gptkbp:amendedBy	gptkb:Insolvency_and_Bankruptcy_Code_(Amendment)_Act,_2017 gptkb:Insolvency_and_Bankruptcy_Code_(Amendment)_Act,_2018 gptkb:Insolvency_and_Bankruptcy_Code_(Amendment)_Act,_2019 gptkb:Insolvency_and_Bankruptcy_Code_(Amendment)_Act,_2020
gptkbp:appliesTo	individuals corporate persons partnership firms
gptkbp:approvedBy	gptkb:President_of_India
gptkbp:citation	No. 31 of 2016
gptkbp:date	28 May 2016
gptkbp:dateEnacted	2016
gptkbp:enactedBy	gptkb:Parliament_of_India
gptkbp:establishes	gptkb:National_Company_Law_Appellate_Tribunal gptkb:National_Company_Law_Tribunal gptkb:Debt_Recovery_Tribunal gptkb:Debt_Recovery_Appellate_Tribunal gptkb:Insolvency_and_Bankruptcy_Board_of_India
gptkbp:providesFor	gptkb:bankruptcy liquidation cross-border insolvency fast track insolvency process information utilities insolvency professional agencies insolvency professionals insolvency resolution process voluntary liquidation
gptkbp:purpose	consolidation and amendment of laws relating to reorganization and insolvency resolution of corporate persons, partnership firms and individuals
gptkbp:relatedTo	gptkb:moratorium gptkb:bankruptcy_process default adjudicating authority committee of creditors corporate insolvency resolution process creditor rights debtor rights financial creditors insolvency resolution professional liquidation process liquidator operational creditors resolution plan
gptkbp:repealedBy	gptkb:Sick_Industrial_Companies_(Special_Provisions)_Act,_1985
gptkbp:shortName	gptkb:IBC
gptkbp:startDate	28 May 2016
gptkbp:website	https://ibbi.gov.in/
gptkbp:bfsParent	gptkb:Ministry_of_Corporate_Affairs_(India) gptkb:Ministry_of_Corporate_Affairs
gptkbp:bfsLayer	6
https://www.w3.org/2000/01/rdf-schema#label	Insolvency and Bankruptcy Code, 2016