CMA Final · Corporate and Economic Laws · Insolvency and Bankruptcy Code, 2016
Notification S.O. 3687(E) of 9 December 2016 brought certain sections of the Code into force from 15 December 2016. Which set was that?
Sections 33 to 54 of the Code, both inclusive, were brought into force on 15 December 2016 by notification S.O. 3687(E) dated 9 December 2016. Other sets such as 55 to 58 commenced in June 2017.
- ASections 33 to 54Correct
- BSections 55 to 58
- CSections 227 to 229
- DSections 209 to 215
Explanation
The commencement footnote lists sections 33 to 54, both inclusive, as in force from 15 December 2016. Sections 55 to 58 came on 14 June 2017, 227 to 229 on 1 May 2018, and 209 to 215 on 1 April 2017, so the others are wrong.
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