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<h1>Insolvency inclusion clarifies that insolvency law applies to Payment and Settlement Act provisions following amendment.</h1> The amendment adds the phrase 'or the Insolvency and Bankruptcy Code, 2016' after references to the Companies Act, 2013 in specified sub-sections of section 23 and in sub-section (3) of section 23A of the Payment and Settlement Systems Act, 2007, thereby aligning those provisions with the insolvency law regime.