Section 15 - Amendment of section 239 - Insolvency and Bankruptcy Code (Amendment) Act, 2021

Amendment of section 239. 15 . In section 239 of the principal Act, in sub-section (2), after clause (fc), the following clauses shall be inserted, namely:- (fd) the form, particulars, manner and fee for making application before the Adjudicating Authority under sub-section (2) of section 54C; (fe) the conditions and restrictions with which the promoters, members, personnel and partners of the corporate debtor shall exercise and discharge contractual or statutory rights and obligations under clause (c) of section 54H; .