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<h1>Sections 33-54 of Insolvency and Bankruptcy Code, 2016 to be enforced from December 15, 2016.</h1> The Central Government has designated December 15, 2016, as the commencement date for the enforcement of sections 33 to 54 of the Insolvency and Bankruptcy Code, 2016. This decision was made under the authority granted by subsection (3) of section 1 of the Code. The notification was issued by the Ministry of Corporate Affairs on December 9, 2016.