Guide to IBC | Insolvency and Bankruptcy Code in India
support@goodwork.co.in

Drop us a line

033 48141488

Make a call

Address

Ground Floor, 106, Golf Club Road, Kolkata - 700 033

Short title, extent and commencement

Section 1: Short title, extent and commencement. –

(1) This Code may be called the Insolvency and Bankruptcy Code, 2016.

(2) It extends to the whole of India:

1[***]

(3) It shall come into force on such date as the Central Government may, by notification in the Official Gazette, appoint:

Provided that different dates may be appointed for different provisions of this Code and any reference in any such provision to the commencement of this Code shall be construed as a reference to the commencement of that provision.

Foot Note:

1 Omitted by the Jammu and Kashmir Reorganisation (Adaptation of Central Laws) Order, 2020 No.SO1123I dated 18th March 2020. Before omission, it stood as “Provided that Part III of this Code shall not extend to the state of Jammu and Kashmir.”