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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Section 11E of Central Excise Act now includes Insolvency and Bankruptcy Code, 2016, aligning with financial asset laws.</h1> Section 11E of the Central Excise Act, 1944, is amended to include the Insolvency and Bankruptcy Code, 2016, alongside the existing reference to the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. This amendment integrates the provisions of the Insolvency and Bankruptcy Code, 2016, into the framework of the Central Excise Act, thereby aligning the excise law with the broader insolvency and financial asset reconstruction legislative framework.
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