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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 111: Approval of repayment plan by creditors
Section 182: Appeal to Supreme Court
Section 61: Appeals and Appellate Authority
Section 197: Constitution of advisory committee, executive committee or other committee
Section 186: Punishment for false information, concealment, etc., by bankrupt

Related Acts

Code on Wages, 2019
National Dental Commission Act, 2023
Indian Penal Code, 1860
Essential Defence Services Act, 2021
Criminal Procedure (Identification) Act, 2022

* Only for reference.