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The Insolvency and Bankruptcy Code, 2016.

282 sections · 25 chapters · 12 schedules

Schedule 1 THE FIRST SCHEDULE
Schedule 2 THE SECOND SCHEDULE.
Schedule 3 THE THIRD SCHEDULE
Schedule 4 THE FOURTH SCHEDULE
Schedule 5 THE FIFTH SCHEDULE
Schedule 6 THE SIXTH SCHEDULE
Schedule 7 THE SEVENTH SCHEDULE
Schedule 8 THE EIGHTH SCHEDULE
Schedule 9 THE NINTH SCHEDULE
Schedule 10 THE TENTH SCHEDULE
Schedule 11 THE ELEVENTH SCHEDULE
Schedule 12 THE TWELFTH SCHEDULE

The Insolvency and Bankruptcy Code, 2016.

Corporate2016Central Act

The Insolvency and Bankruptcy Code, 2016.(IBC)

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.

Administered by Ministry of Corporate Affairs

25

Chapters

5

Parts

12

Schedules

282

Sections

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Part I— PRELIMINARY

Section 1
Section 2
Section 3

Part II— PART II

INSOLVENCY RESOLUTION AND LIQUIDATION FOR CORPORATE PERSONS

Part III— PART III

INSOLVENCY RESOLUTION AND BANKRUPTCY FOR INDIVIDUALS AND PARTNERSHIP FIRMS

Part IV— PART IV

REGULATION OF INSOLVENCY PROFESSIONALS, AGENCIES AND INFORMATION UTILITIES

Part V— MISCELLANEOUS