The Insolvency and Bankruptcy Code, 2016
Section 249: Amendments of Act 51 of 1993:
*249. The Recovery of Debts due to Banks and Financial Institutions Act, 1993 shall be amended in the manner specified in the Fifth Schedule.
*Only in so far as they relate to personal guarantors to corporate debtors, shall come into force w.e.f. 01.12.2019.