Notification Under Section 4 of Insolvency and Bankruptcy Code 2016

MINISTRY OF CORPORATE AFFAIRS
NOTIFICATION
New Delhi, the 9th April, 2021

S.O. 1543(E).—In exercise of the powers conferred by the second proviso to section 4 of the Insolvency and
Bankruptcy Code, 2016 (31 of 2016), as amended by the Insolvency and Bankruptcy Code (Amendment) Ordinance,
2021 (3 of 2021), the Central Government hereby specifies ten lakh rupees as the minimum amount of default for the
matters relating to the pre-packaged insolvency resolution process of corporate debtor under Chapter III-A of the
Code.


[F. No. 30/20/2020-Insolvency]
GYANESHWAR KUMAR SINGH, Jt. Secy.

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