CMA Final · Corporate and Economic Laws · Insolvency and Bankruptcy Code, 2016
As per the commencement notifications, sections 55 to 58 of the Code came into force on which date?
Sections 55 to 58 of the Code were brought into force on 14 June 2017 through notification S.O. 1910(E). Other dates such as 1 April 2017 or 1 May 2018 relate to different groups of sections.
- A14 June 2017Correct
- B1 April 2017
- C15 December 2016
- D1 May 2018
Explanation
Notification S.O. 1910(E) dated 14 June 2017 brought sections 55 to 58, both inclusive, into force on 14 June 2017. 1 April 2017 relates to section 59 and 209 to 215, 15 December 2016 to sections 33 to 54, and 1 May 2018 to sections 227 to 229.
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