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of <h1>Insolvency and Bankruptcy Code Amendment Adds Twelfth Schedule Listing 25 Acts Relevant to Section 29A Clause (d)</h1> The Insolvency and Bankruptcy Code (Second Amendment) Act, 2018 introduces a new Twelfth Schedule to the principal Act, detailing specific Acts relevant to clause (d) of section 29A. This schedule lists 25 existing Acts, including the Foreign Trade (Development and Regulation) Act, 1922, the Reserve Bank of India Act, 1934, the Income-tax Act, 1961, and the Companies Act, 2013, among others. It also allows for additional Acts to be notified by the Central Government. Notifications under this schedule must be presented to both Houses of Parliament promptly after issuance.
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