Central Government appoints the 1st of April, 2017 as the date on which the provisions of Various sections of the Insolvency and Bankruptcy Code, 2016 (31 of 2016), shall come into force
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Commencement of Insolvency and Bankruptcy Code provisions: specified sections to come into force on 1 April 2017.
The Central Government, invoking its statutory commencement power, appoints 1 April 2017 as the date on which specified provisions of the Insolvency and Bankruptcy Code, 2016-namely section 59; sections 209-215; sub section (1) of section 216; and sections 234 and 235-shall come into force by notification of the Ministry of Corporate Affairs.