Section 219 of Insolvency and Bankruptcy Code 2016

CA Satbir Singh — Thu, 17 Nov 2016 03:08:40 +0000

Section 219 of Insolvency and Bankruptcy Code 2016

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

Show cause notice to insolvency professional agency or its member or information utility.

219. The Board may, upon completion of an inspection or investigation under section 218, issue a show cause notice to such insolvency professional agency or insolvency professional or information utility, and carry out inspection of such insolvency professional agency or insolvency professional or information utility in such manner, giving such time for giving reply, as may be specified by regulations.

Insolvency & Bankruptcy Code 2016 : Certain Sections notified w.e.f 15.11.2016

CA Satbir Singh — Wed, 16 Nov 2016 23:09:38 +0000

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.