TMI BlogApplication of this Code to micro, small and medium enterprisesX X X X Extracts X X X X X X X X Extracts X X X X ..... he resolution applicant in respect of corporate insolvency resolution process 2 [ or pre-packaged insolvency resolution process ] of any micro, small and medium enterprises. (2) Subject to sub-section (1), the Central Government may, in the public interest, by notification, direct that any of the provisions of this Code shall- (a) not apply to micro, small and medium enterprises; or (b ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ion (4) is prorogued or adjourned for more than four consecutive days. (6) Every notification issued under this section shall be laid, as soon as may be after it is issued, before each House of Parliament. Explanation.-For the purposes of this section, the expression micro, small and medium enterprises means any class or classes of enterprises classified as such under sub-section (1) of se ..... X X X X Extracts X X X X X X X X Extracts X X X X
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