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        F. Acts / Amendment Acts

        Section 2 - Amendment of Section 5

        Insolvency and Bankruptcy Code (Amendment) Act, 2020

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        Classification of debts: amendment expands insolvency-period debt to include notified debts and omits a proviso. Amendment modifies Section 5 by omitting the proviso to clause (12) and inserting the words 'and such other debt as may be notified' after 'during the insolvency resolution process period' in clause (15), thereby permitting notified additional debts to be treated within the insolvency-resolution-period scope.
                        Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                          Provisions expressly mentioned in the judgment/order text.

                              Classification of debts: amendment expands insolvency-period debt to include notified debts and omits a proviso.

                              Amendment modifies Section 5 by omitting the proviso to clause (12) and inserting the words "and such other debt as may be notified" after "during the insolvency resolution process period" in clause (15), thereby permitting notified additional debts to be treated within the insolvency-resolution-period scope.


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