Section 228 of IBC – Insolvency and Bankruptcy Code, 2016 : Budget

The Insolvency and Bankruptcy Code, 2016

Part-V Miscellaneous

Section 228: Budget.

^*228. The Board shall prepare, in such form and at such time in each financial year as may be prescribed, its budget for the next financial year, showing the estimated receipts and expenditure of the Board and forward the same to the Central Government.

Reference

*Effective from 01.05.2018.

– – –

Disclaimer: While every effort is made to avoid any mistake or omission, this document including case-summary/brief about the decision/ add. info/headnote/ judgment/order/ act/ rule/ regulation/ circular/ notification is being circulated on the condition and understanding that the publisher would not be liable in any manner by reason of any mistake or omission or for any action taken or omitted to be taken or advice rendered or accepted on the basis of this document. The authenticity of this text must be verified from the original source. Read more here.