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.
*Effective from 14.06.2017.