https://www.taxtmi.com/acts?id=31204 An Insolvency and Bankruptcy Fund is constituted for insolvency resolution, liquidation and bankruptcy under the Code and is credited with government grants, contributions, other receipts, investment income and prescribed amounts. A contributor may, when proceedings are initiated before the Adjudicating Authority, apply for withdrawal up to the amount contributed for payment to workmen, protection of assets, incidental costs or other prescribed purposes. The Central Government must appoint an administrator to administer the Fund in the prescribed manner. en-us Tue, 02 Jan 2018 17:46:42 +0530 Mon, 13 Apr 2026 14:44:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=31204 An Insolvency and Bankruptcy Fund is constituted for insolvency resolution, liquidation and bankruptcy under the Code and is credited with government grants, contributions, other receipts, investment income and prescribed amounts. A contributor may, when proceedings are initiated before the Adjudicating Authority, apply for withdrawal up to the amount contributed for payment to workmen, protection of assets, incidental costs or other prescribed purposes. The Central Government must appoint an administrator to administer the Fund in the prescribed manner. Act-Rules IBC Tue, 02 Jan 2018 17:46:42 +0530 https://www.taxtmi.com/acts?id=31204