Section 126 - Bankruptcy order. - Insolvency and Bankruptcy Code, 2016

Bankruptcy order. 126 . (1) The Adjudicating Authority shall pass a bankruptcy order within four-teen 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. *********** Notes:- 1. Come into the force w.e.f. 01-12-2019 [F. No. 30/21/2018-Insolvency Section]. S.O. 4126(E) Dated 15-11-2019