PART II
INSOLVENCY RESOLUTION AND LIQUIDATION FOR CORPORATE PERSONS
CHAPTER I
PRELIMINARY
(1) This Part shall apply to matters relating to the insolvency and liquidation of corporate debtors where the minimum amount of the default is one lakh rupees:
Provided that the Central Government may, by notification, specify the minimum amount of default of higher value which shall not be more than one crore rupees.
Insolvency and Bankruptcy Code 2016
Section 4 Application of Part II
Section 5 Definitions of Part II
Section 6 Persons who may initiate corporate insolvency resolution process
Section 7 Initiation of corporate insolvency resolution process by financial creditor
Section 8 Insolvency resolution by operational creditor
Section 10 Initiation of corporate insolvency resolution process by corporate applicant