AMENDMENTS TO RECOVERY OF DEBTS DUE TO BANKS AND FINANCIAL INSTITUTIONS ACT, 1993 (51 of 1993)

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..... vency resolution and bankruptcy of individuals and partnership firms" shall be inserted, namely:-. 2. In section 1,- (a) in sub-section (1), for the words "Due to Banks and Financial Institutions" the words "and Bankruptcy" shall be substituted; (b) in sub-section (4), for the words " The provision of this Code", the words "Save as otherwise provided, the .....

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..... under Part III of the Insolvency and Bankruptcy Code, 2016". 5. In section 17, - (i) after sub-section (1), the following sub-section shall be inserted, namely :- "(1A) Without prejudice to sub-section (1),- (a) the Tribunal shall exercise, on and from the date to be appointed by the Central Government, the jurisdiction, powers and authority to entertain and decide applications u .....

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