Insolvency and Bankruptcy Code (India)

URI: https://gptkb.org/entity/Insolvency_and_Bankruptcy_Code_(India)
GPTKB entity
Statements (41)
Predicate Object
gptkbp:instanceOf gptkb:Act_of_Parliament
gptkbp:administeredBy gptkb:Insolvency_and_Bankruptcy_Board_of_India
gptkbp:amendedBy 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 gptkb:Act_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:features information utilities
insolvency professionals
adjudicating authorities
time-bound process for insolvency resolution
https://www.w3.org/2000/01/rdf-schema#label Insolvency and Bankruptcy Code (India)
gptkbp:language gptkb:Hindi
English
gptkbp:providesFor corporate insolvency resolution process
fast track insolvency process
liquidation process
voluntary liquidation
bankruptcy for individuals and partnership firms
individual insolvency resolution
gptkbp:purpose consolidate and amend laws relating to reorganization and insolvency resolution of corporate persons, partnership firms and individuals
gptkbp:relatedTo gptkb:bankruptcy
corporate law
financial regulation in India
gptkbp:repealedBy gptkb:Sick_Industrial_Companies_(Special_Provisions)_Act,_1985
Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (partially)
gptkbp:shortName gptkb:IBC
gptkbp:startDate 28 May 2016
gptkbp:website https://ibbi.gov.in/
gptkbp:bfsParent gptkb:IBC
gptkbp:bfsLayer 6