Ministry of Corporate Affairs, (Central Govt.) ide
notification no. S.O. 1543(E) and Gazette Id no. CG-DL-E-09042021-226475 dated 09th
April, 2021 has specifies Rs. 10 Lakhs (ten lakh rupees) as the
minimum amount of default for the matters relating to the pre-packaged
insolvency resolution process of corporate debtor under Chapter III-A of the Code, In exercise of the powers conferred by
the second proviso to section 4 of the Insolvency and Bankruptcy Code, 2016 as
amended by the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2021.
Link: http://www.mca.gov.in/Ministry/pdf/Notification_1204021.pdf
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this, errors may creep in. Any mistake, error or discrepancy noted may be
brought to our notice which shall be taken care of in the next edition. In no
event the author shall be liable for any direct, indirect, special or
incidental damage resulting from or arising out of or in connection with the
use of this information.
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