Section 234 of IBC – Insolvency and Bankruptcy Code, 2016 : Agreements with foreign countries

The Insolvency and Bankruptcy Code, 2016 Part-V Miscellaneous Section 234: Agreements with foreign countries. *234. (1) The Central Government may […]

PDFPrint

The Insolvency and Bankruptcy Code, 2016

Part-V Miscellaneous

Section 234: Agreements with foreign countries.

*234. (1) The Central Government may enter into an agreement with the Government of any country outside India for enforcing the provisions of this Code.

(2) The Central Government may, by notification in the Official Gazette, direct that the application of provisions of this Code in relation to assets or property of corporate debtor or debtor, including a personal guarantor of a corporate debtor, as the case may be, situated at any place in a country outside India with which reciprocal arrangements have been made, shall be subject to such conditions as may be specified.


Reference

*Effective from 01.04.2017.



Access complete Bare Act here. To research Section and sub-section wise judgments, visit here.


Follow for daily updates:


Scroll to Top