Notification - 47 - S.O. 1205(E) Titled Notification under section 4 of the Insolvency and Bankrutpcy Code, 2016 (Insolvency and Bankruptcy Code, 2016 )

Notification - 47 - S.O. 1205(E) Titled Notification under section 4 of the Insolvency and Bankrutpcy Code, 2016 (Insolvency and Bankruptcy Code, 2016 )

Insolvency & Bankruptcy

Notification Folio :[F. No. 30/9/2020-Insolvency] Dated 24 Mar, 2020

MINISTRY OF CORPORATE AFFAIRS - NOTIFICATION


New Delhi, the 24th March, 2020


S.O. 1205(E).—In exercise of the powers conferred by the proviso to section 4 of the Insolvency and Bankruptcy Code, 2016 (31 of 2016), the Central Government hereby specifies one crore rupees as the minimum amount of default for the purposes of the said section.


[F. No. 30/9/2020-Insolvency]


GYANESHWAR KUMAR SINGH, Jt. Secy.

CONCEPTS