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[Insolvency] Sec 227, 228 & 229 - I&B Code 2016 Notified w.e.f. 1st May 2018

Ministry of Corporate Affairs' Notification S.O. 1817(E) in the Gazette of India (Extraordinary, PART II, Section 3(ii)) dated the 1st May, 2018, reads as follows.— In exercise of the powers conferred by sub-section (3) of Section 1 of the Insolvency and Bankruptcy Code, 2016 (31 of 2016), the Central Government hereby appoints the 1st day of May, 2018 as the date on which the provisions of Section 227 to Section 229 (both inclusive) of the said Code shall come into force.

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