Customs Act amendment implements Insolvency and Bankruptcy Code changes affecting customs law procedures and provisions. Section 248 directs that the Customs Act, 1962 be amended in the manner specified in the Fourth Schedule to implement provisions related to the Insolvency and Bankruptcy Code, 2016, with a commencement date recorded by notification.
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Provisions expressly mentioned in the judgment/order text.
Customs Act amendment implements Insolvency and Bankruptcy Code changes affecting customs law procedures and provisions.
Section 248 directs that the Customs Act, 1962 be amended in the manner specified in the Fourth Schedule to implement provisions related to the Insolvency and Bankruptcy Code, 2016, with a commencement date recorded by notification.
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