Mera Samvidhaan All of Insolvency and Bankruptcy Code, 2016

Part III · Chapter VI · Adjudicating Authority for Individuals and Partnership Firms

183A1[Penalty for initiating frivolous or vexatious proceedings under Part III.

Section 183A · Part III · Chapter VI · page 126 of the Act

If, any person has initiated a frivolous or vexatious proceeding before the Adjudicating Authority under this Part, it may impose upon such person a penalty which shall not be less than one lakh rupees but which may extend to two crore rupees.]

1 Ins. by Act 6 of 2026, s. 58 (w.e.f. 26-05-2026)

Section 183A 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.