The Insolvency and Bankruptcy Code, 2016

The Ninth Schedule -The Insolvency and Bankruptcy Code, 2016

Amendment to Payment and Settlement Systems Act, 2007 1. In section 23, in sub-section (4), (5) and (6), after the words and figures “the Banking Regulation Act, 1949 (10 of 1949)” “the Companies Act, 2013 (18 of 2013)”, the words and figures “or the Insolvency and Bankruptcy Code, 2016” shall be inserted. 2. In section 23A, in sub-section (3), after the words and figures “the Companies Act,

The Eighth Schedule -The Insolvency and Bankruptcy Code, 2016

Amendment to Sick Industrial Companies (Special Provisions) Repeal Act, 2003 In section 4, for sub-clause (b), the following sub-clause shall be substituted, namely— “ (b) On such date as may be notified by the Central Government in this behalf, any appeal preferred to the Appellate Authority or any reference made or inquiry pending to or before the Board or any

The Sixth Schedule – The Insolvency and Bankruptcy Code, 2016

Amendment to The Finance Act, 1994 (32 of 1994) In section 88, for the words and figures “and the Securitisation and Reconstruction of Financial Assets and the Enforcement of Security Interest Act, 2002 (54 of 2002)”, the words and figures “the Securitisation and Reconstruction of Financial Assets and the Enforcement of Security Interest Act, 2002 and the Insolvency and

The Fifth Schedule -The Insolvency and Bankruptcy Code, 2016

Amendment to Recovery of Debts Due to Banks and Financial Institutions Act, 1993 1. In the long title, after the words “financial institutions”, the words “, insolvency resolution and bankruptcy of individuals and partnership firms” shall be inserted, namely: -. 2. In section 1, – (a) in sub-section (1), for the words “Due to Banks and Financial Institutions” the words “and Bankruptcy” shall be substituted; (b) in

The Fourth Schedule -The Insolvency and Bankruptcy Code, 2016

Amendment to The Customs Act, 1962 (52 of 1962) 1. In section 142A, for the words and figures “and the Securitisation and Reconstruction of Financial Assets and the Enforcement of Security Interest Act, 2002 (54 of 2002)”, the words and figures “the Securitisation and Reconstruction of Financial Assets and the Enforcement of Security Interest Act, 2002 and the Insolvency