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<h1>Central Government Rescinds 2018 Notification Under Insolvency and Bankruptcy Code, Effective January 28, 2022. Prior Actions Unaffected.</h1> The Central Government, under the powers granted by the Insolvency and Bankruptcy Code, 2016, has rescinded the notification issued on 22nd February 2018, as published in the Gazette of India. This rescission is effective as of 28th January 2022 and does not affect actions taken or omitted before this date.