Insolvency inclusion clarifies that insolvency law applies to Payment and Settlement Act provisions following amendment. 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.