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of <h1>Central Government Sets August 5, 2016, as Start Date for Insolvency and Bankruptcy Code Sections 188-194 Implementation.</h1> The Central Government has designated August 5, 2016, as the effective date for implementing sections 188 to 194 of the Insolvency and Bankruptcy Code, 2016. This decision is made under the authority granted by the proviso to sub-section (3) of section 1 of the Code. The notification was issued by the Ministry of Corporate Affairs, under reference number F.No. 30/7/2016-Insolvency Section, and is officially documented as S.O. 2618(E).
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