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<h1>Section 15 of Insolvency & Bankruptcy Code: Key Steps for Public Announcement in Corporate Insolvency Resolution Process.</h1> Section 15 of the Insolvency and Bankruptcy Code, 2016, outlines the requirements for the public announcement of a corporate insolvency resolution process. The announcement must include the corporate debtor's name and address, the authority where it is registered, the deadline for claim submissions, details of the interim resolution professional, penalties for false claims, and the process closure date, which is 180 days from the application admission date. The announcement must be made in a specified manner. This provision became effective on December 1, 2016, with amendments made in 2018.