(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
Insolvency and Bankruptcy Code 2016
CHAPTER IV BANKRUPTCY ORDER FOR INDIVIDUALS AND PARTNERSHIP FIRMS
Section 121 Application for bankruptcy individuals partnerships
Section 122 Application by debtor
Section 123 Application by creditor
Section 124 Effect of application
Section 125 Appointment of insolvency professional as bankruptcy trustee
Section 127 Validity of bankruptcy order
Section 128 Effect of bankruptcy order