Insolvency and liquidation proceedings for financial service providers may proceed with prescribed modifications under the amendment. Amendment to section 227 substitutes the words 'examined in this Code' with 'contained in this Code' and inserts an Explanation clarifying that insolvency and liquidation proceedings for financial service providers or categories of financial service providers may be conducted with such modifications and in such manner as may be prescribed.
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.
Insolvency and liquidation proceedings for financial service providers may proceed with prescribed modifications under the amendment.
Amendment to section 227 substitutes the words "examined in this Code" with "contained in this Code" and inserts an Explanation clarifying that insolvency and liquidation proceedings for financial service providers or categories of financial service providers may be conducted with such modifications and in such manner as may be prescribed.
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