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IND-2016-L-103212
Breadcrumb
Title_of_text
The Insolvency and Bankruptcy Code, 2016 (No. 31 of 2016).
Main Region
First Region
Country(ies)
India
Subjects (Classification)
Employment security, termination of employment
Adopted on (Date of text)
2016-05-28
Scope of text
National
Type of legislation (Type of text)
Law, Act
Second Region
Abstract/Citation
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.
Repeals the Presidency Towns Insolvency Act, 1909 and the Provincial Insolvency Act, 1920.
Electronic region
Electronic source title
Legislation on-line
Author
India Code, Legislative Department, National Informatics Centre, Ministry of Communication and Information Technology
URL
http://www.indiacode.nic.in/
File
IND103212.pdf (PDF)