Mera Samvidhaan All of Insolvency and Bankruptcy Code, 2016

Part II · Chapter II · Corporate Insolvency Resolution Process

13Declaration of moratorium and public announcement.

Section 13 · Part II · Chapter II · page 32 of the Act

(1) The Adjudicating Authority, after admission of the application under section 7 or section 9 or section 10, shall, by an order—

(a) declare a moratorium for the purposes referred to in section 14;

(b) cause a public announcement of the initiation of corporate insolvency resolution process and call for the submission of claims under section 15; and

(c) appoint an interim resolution professional in the manner as laid down in section 16.

(2) The public announcement referred to in clause (b) of sub-section (1) shall be made immediately after the appointment of the interim resolution professional.

Other provisions that mention Section 13

Section 13 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.