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Home Acts & Rules Insolvency and Bankruptcy Act Insolvency and Bankruptcy Code, 2016 Chapters List Chapter II (of Part III) FRESH START PROCESS This
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Section 85 - Effect of admission of application. - Insolvency and Bankruptcy Code, 2016

Extract

..... f any debt shall be deemed to have been stayed; and (b) subject to the provisions of section 86, the creditors shall not initiate any legal action or proceedings in respect of any debt. (3) During the moratorium period, the debtor shall- (a) not act .....

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Section 85 - Effect of admission of application. - Insolvency and Bankruptcy Code, 2016

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..... isclose the name under which he enters into business transactions, if it is different from the name in the application admitted under section 84; (f) not travel outside India except with the permission of the Adjudicating Authority. (4) The moratoriu .....

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Section 85 - Effect of admission of application. - Insolvency and Bankruptcy Code, 2016

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