Section 58 of Insolvency and Bankruptcy Code, 2016 (IBC): Applicability of Chapter II to this Chapter

The Insolvency and Bankruptcy Code, 2016

Part-II Insolvency Resolution and Liquidation for Corporate Persons

Chapter-IV Fast Track Corporate Insolvency Resolution Process

Section 58: Applicability of Chapter II to this Chapter.

*58. The process for conducting a corporate insolvency resolution process under Chapter II and the provisions relating to offences and penalties under Chapter VII shall apply to this Chapter as the context may require.


Reference

*Effective from 14.06.2017.

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