Notification under section 4 of the Insolvency and Bankruptcy Code, 2016

EXTRAORDINARY PUBLISHED BY AUTHORITY MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 24th March, 2020 S.O. 1205(E).—In exercise of the powers conferred by the proviso to section 4 of the Insolvency and Bankruptcy Code, 2016 (31 of 2016), the Central Government hereby specifies one crore rupees as the minimum amount of default for the purposes of the said section. GYANESHWAR KUMAR SINGH, Jt. Secy. and Published by the Controller of Publications, Delhi-110054. No. 1076] NEW DELHI, TUESDAY, MARCH 24, 2020/CHAITRA 4, 1942 MANOJ KUMAR VERMA