Section 201 Archives - Tax Heal https://www.taxheal.com/tag/section-201 Complete Guide for Income Tax and GST in India Thu, 17 Nov 2016 04:10:46 +0000 en-US hourly 1 https://wordpress.org/?v=7.0 Section 201 of Insolvency and Bankruptcy Code 2016 https://www.taxheal.com/section-201-of-insolvency-and-bankruptcy-code-2016.html https://www.taxheal.com/section-201-of-insolvency-and-bankruptcy-code-2016.html#comments Wed, 16 Nov 2016 23:27:49 +0000 http://taxheal.com/?p=17681 Section 201 of Insolvency and Bankruptcy Code 2016 (Notified by S.O. 3453(E) Dated 15.11.2016) Registration of insolvency professional agency. 201. (1) Every application for registration shall be made to the Board in such form and manner, containing such particulars, and accompanied by such fee, as may be specified by regulations: Provided that every application received by… Read More »

]]> Section 201 of Insolvency and Bankruptcy Code 2016

(Notified by S.O. 3453(E) Dated 15.11.2016)

Registration of insolvency professional agency.

201. (1) Every application for registration shall be made to the Board in such form and manner, containing such particulars, and accompanied by such fee, as may be specified by regulations:

Provided that every application received by the Board shall be acknowledged within seven days of its receipt.

(2) On receipt of the application under sub-section (1), the Board may, on being satisfied that the application conforms with all requirements specified under sub-section (1), grant a certificate of registration to the applicant or else, reject, by order, such application:

Provided that no order rejecting the application shall be made without giving an opportunity of being heard to the applicant:

Provided further that every order so made shall be communicated to the applicant within a period of fifteen days.

(3) The Board may issue a certificate of registration to the applicant in such form and manner and subject to such terms and conditions as may be specified.

(4) The Board may renew the certificate of registration from time to time in such manner and on payment of such fee as may be specified.

(5) The Board may, by order, suspend or cancel the certificate of registration granted to an insolvency professional agency on any of the following grounds, namely:—

(a) that it has obtained registration by making a false statement or misrepresentation or by any other unlawful means;
(b) that it has failed to comply with the requirements of the regulations made by the Board or bye-laws made by the insolvency professional agency;
(c) that it has contravened any of the provisions of the Act or the rules or the regulations made thereunder;
(d) on any other ground as may be specified by regulations:

Provided that no order shall be made under this sub-section unless the insolvency professional agency concerned has been given a reasonable opportunity of being heard:

Provided further that no such order shall be passed by any member except whole-time members of the Board.

]]> https://www.taxheal.com/section-201-of-insolvency-and-bankruptcy-code-2016.html/feed 1 Insolvency & Bankruptcy Code 2016 : Certain Sections notified w.e.f 15.11.2016 https://www.taxheal.com/insolvency-bankruptcy-code-2016-certain-sections-notified-w-e-f-15-11-2016.html https://www.taxheal.com/insolvency-bankruptcy-code-2016-certain-sections-notified-w-e-f-15-11-2016.html#comments Wed, 16 Nov 2016 23:09:38 +0000 http://taxheal.com/?p=17674 MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 15th November, 2016 S.O. 3453(E).— In exercise of the powers conferred by sub-section (3) of section 1 of the Insolvency and Bankruptcy Code, 2016 (31 of 2016), the Central Government hereby appoints the 15th November, 2016 as the date on which the provisions of the following sections… Read More »

]]> MINISTRY OF CORPORATE AFFAIRS

NOTIFICATION

New Delhi, the 15th November, 2016

S.O. 3453(E).— In exercise of the powers conferred by sub-section (3) of section 1 of the Insolvency and Bankruptcy Code, 2016 (31 of 2016), the Central Government hereby appoints the 15th November, 2016 as the date on which the provisions of the following sections of the said Code shall come into force:–

(1) section 199 to section 207 [both inclusive];

(2) sub-section (1) of section 208–

(i) clause (c);

(ii) clause (e);

(3) sub-section (2) of section 208;

(4) section 217 to section 220 [both inclusive];

(5) section 251;

(6) section 253;

(7) section 254; and

(8) section 255.

[F. No. 30/7/2016-Insolvency Section]

AMARDEEP SINGH BHATIA, Jt. Secy.

section 199 to section 207 

Section 199 of Insolvency and Bankruptcy Code 2016

Section 200 of Insolvency and Bankruptcy Code 2016

Section 201 of Insolvency and Bankruptcy Code 2016

Section 202 of Insolvency and Bankruptcy Code 2016

Section 203 of Insolvency and Bankruptcy Code 2016

Section 204 of Insolvency and Bankruptcy Code 2016

Section 205 of Insolvency and Bankruptcy Code 2016

Section 206 of Insolvency and Bankruptcy Code 2016

Section 207 of Insolvency and Bankruptcy Code 2016

section 217 to section 220

Section 217 of Insolvency and Bankruptcy Code 2016

Section 218 of Insolvency and Bankruptcy Code 2016

Section 219 of Insolvency and Bankruptcy Code 2016

Section 220 of Insolvency and Bankruptcy Code 2016

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