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Home Acts & Rules Insolvency and Bankruptcy Act Insolvency and Bankruptcy Code, 2016 Chapters List Chapter III-A (of Part II) PRE-PACKAGED INSOLVENCY RESOLUTION PROCESS This
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Section 54D - Time-limit for completion of pre-packaged insolvency resolution process - Insolvency and Bankruptcy Code, 2016

Extract

..... 1[Time-limit for completion of pre-packaged insolvency resolution process. 54D. (1) The pre-packaged insolvency resolution process shall be completed within a period of one hundred and twenty days from the pre-packaged insolvency commencement date. ( .....

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Section 54D - Time-limit for completion of pre-packaged insolvency resolution process - Insolvency and Bankruptcy Code, 2016

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..... the day after the expiry of such time period, file an application with the Adjudicating Authority for termination of the pre-packaged insolvency resolution process in such form and manner as may be specified.] ************ NOTES:- 1. Inserted vide T .....

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Section 54D - Time-limit for completion of pre-packaged insolvency resolution process - Insolvency and Bankruptcy Code, 2016

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