IBC Act

Special Court

The IBC Act page has an exhaustive list of all Parts, chapters and Sections of the Insolvency and Bankruptcy Code, 2016. The Code has been divided into five parts. Each part is divided further into Chapters, which have been further divided into Sections.

Part I: Preliminary (Sections 1 to 3)

Part II: Insolvency Resolution and Liquidation for Corporate Persons
Chapter 1: Preliminary (Sections 4 to 5)
Chapter 2: Corporate Insolvency Resolution Process (Sections 6 to 32)
Chapter 3: Liquidation Process (Sections 33 to 54)
Chapter 4: Fast Track Corporate Insolvency Resolution Process (Sections 55 to 77)

Part III: Insolvency Resolution and Bankruptcy for Individuals and Partnership Firms
Chapter 1: Preliminary (Sections 78 to 79)
Chapter 2: Fresh Start Process (Sections 80 to 93)
Chapter 3: Insolvency Resolution Process (Sections 94 to 120)
Chapter 4: Bankruptcy Order for Individuals and Partnership Firms (Sections 121 to 148)
Chapter 5: Administration and Distribution of the Estate of the Bankrupt (Sections 149 to 178)
Chapter 6: Adjudicating Authority for Individuals and Partnership Firms (Sections 179 to 183)
Chapter 7: Offences and Penalties (Section 184 to 187)

Part IV: Regulation of Insolvency Professionals, Agencies and Information Utilities
Chapter 1: The Insolvency and Bankruptcy Board Of India (Sections 188 to 195)
Chapter 2: Powers and Functions of the Board (Sections 196 to 198)
Chapter 3: Insolvency Professional Agencies (Sections 199 to 205)
Chapter 4: Insolvency Professionals (Sections 206 to 208)
Chapter 5: Information Utilities (Sections 209 to 2016)
Chapter 6: Inspection and Investigations (Sections 217 to 220)
Chapter 7: Finance, Accounts and Audits (Sections 221 to 223)

Part V: Miscellaneous (Sections 224 to 255)

Schedules (1 to 10)

Also See: CIRP Status

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