Mera Samvidhaan All of Insolvency and Bankruptcy Code, 2016

Part III · Chapter IV · Bankruptcy Order for Individuals and Partnership Firm

126Bankruptcy order.

Section 126 · Part III · Chapter IV · page 107 of the Act

(1) The Adjudicating Authority shall pass a bankruptcy order within fourteen days of receiving the confirmation or nomination of the bankruptcy trustee under section 125.

(2) The Adjudicating Authority shall provide the following documents to bankrupt, creditors and the bankruptcy trustee within seven days of the passing of the bankruptcy order, namely:—

(a) a copy of the application for bankruptcy; and

(b) a copy of the bankruptcy order.

Other provisions that mention Section 126

Section 126 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.