Section 6 of Insolvency and Bankruptcy Code 2016

By | December 1, 2016

Section 6 of Insolvency and Bankruptcy Code 2016

[ Note : Section 6  comes into force w.e.f 1st December 2016 vide notification no S.O. 3594(E) dated 30th November 2016 ]

CHAPTER II

CORPORATE INSOLVENCY RESOLUTION PROCESS

Persons who may initiate corporate insolvency resolution process.

6. Where any corporate debtor commits a default, a financial creditor, an operational creditor or the corporate debtor itself may initiate corporate insolvency resolution process in respect of such corporate debtor in the manner as provided under this Chapter.

 

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