Section 221 of Insolvency and Bankruptcy Code, 2016 (IBC): Grants by Central Government

The Insolvency and Bankruptcy Code, 2016

Part-IV Regulation of Insolvency Professionals, Agencies and Information Utilities

Chapter-VII Finance, Accounts and Audit

Section 221: Grants by Central Government.

*221. The Central Government may, after due appropriation made by Parliament by law in this behalf, make to the Board grants of such sums of money as that Government may think fit for being utilised for the purposes of this Code.


*Effective from 19.08.2016.

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