Section 54H - Management of affairs of corporate debtor - Insolvency and Bankruptcy Code, 2016
Extract
..... 1[Management of affairs of corporate debtor. 54H. During the pre-packaged insolvency resolution process period,- (a) the management of the affairs of the corporate debtor shall continue to vest in the Board of Directors or the partners, as the case m .....
..... in relation to the corporate debtor, subject to the provisions of this Chapter and such other conditions and restrictions as may be prescribed.] ************ NOTES:- 1. Inserted vide THE INSOLVENCY AND BANKRUPTCY CODE (AMENDMENT) ORDINANCE, 2021 dat .....