Home Acts & Rules IBC Act Insolvency and Bankruptcy Code, 2016 Chapters List Chapter IV (of Part III) BANKRUPTCY ORDER FOR INDIVIDUALS AND PARTNERSHIP FIRMS This
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Section 133 - Summoning of meeting of creditors. - Insolvency and Bankruptcy Code, 2016Extract Summoning of meeting of creditors. 133. (1) The bankruptcy trustee shall, within twenty-one days from the bankruptcy commencement date, issue a notice for calling a meeting of the creditors, to every creditor of the bankrupt as mentioned in the list prepared under section 132. (2) The notices issued under sub-section (1) shall- (a) state the date of the meeting of the creditors, which shall not be later than twenty-one days from the bankruptcy commencement date; (b) be accompanied with forms of proxy voting ; (c) specify the form and manner in which the proxy voting may take place. (3) The proxy voting, including electronic proxy voting shall take place in such manner and form as may be specified. *********** 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
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