Mera Samvidhaan All of Insolvency and Bankruptcy Code, 2016

Part III · Chapter III · Insolvency Resolution Process

116Implementation and supervision of repayment plan.

Section 116 · Part III · Chapter III · page 103 of the Act

(1) The resolution professional appointed under section 97 or under section 98 shall supervise the implementation of the repayment plan.

(2) The resolution professional may apply to the Adjudicating Authority for directions, if necessary, in relation to any particular matter arising under the repayment plan.

(3) The Adjudicating Authority may issue directions to the resolution professional on the basis of an application under sub-section (2).

Section 116 of The Insolvency and Bankruptcy Code, 2016 is reproduced in full above, as printed by India Code, with its footnotes and amendment markers. Read the whole Act, or browse every Act on Mera Samvidhaan.