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of <h1>Sections 227-229 of Insolvency and Bankruptcy Code, 2016, now effective from May 1, 2018, per government notification.</h1> The Central Government has designated May 1, 2018, as the effective date for the implementation of Sections 227 to 229 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 and is identified as S.O. 1817(E).
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