Section 63 of IBC – Insolvency and Bankruptcy Code, 2016 : Civil court not to have jurisdiction

The Insolvency and Bankruptcy Code, 2016

Part-II Insolvency Resolution and Liquidation for Corporate Persons

Chapter-VI Adjudicating Authority for Corporate Persons

Section 63: Civil court not to have jurisdiction.

*63. No civil court or authority shall have jurisdiction to entertain any suit or proceedings in respect of any matter on which National Company Law Tribunal or the National Company Law Appellate Tribunal has jurisdiction under this Code. Civil court not to have jurisdiction.


Reference

*Effective from 01.12.2016.


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