Examples of Bankruptcy Code in a sentence
The taxpayer is not delinquent because enforced collection action is stayed under 11 U.S.C. §362 (the Bankruptcy Code).
I/We, Mr./Mrs./M/s R/o / having office at hereby submit this affidavit under Section 29A of the Insolvency and Bankruptcy Code, 2016, (“ IBC”) as inserted by the Insolvency and Bankruptcy Code (Amendment) Act, 2018, and further amendments thereto:I/We have understood the provisions of Section 29A of IBC and confirm that I/We am/are eligible to submit my bid under section 29A of IBC.
The sale shall be subject to rules/conditions prescribed under the Insolvency & Bankruptcy Code, 2016 and provisions, rules and regulations thereunder.
If arbitration is permitted, there is an inherent conflict with the Bankruptcy Code.
Any person who participated in E-Auction, if found ineligible u/s 29A of the Insolvency & Bankruptcy Code, 2016, or regulation thereunder, at any stage of the E-Auction process, EMD and additional deposits (including applicable taxes paid on it) of such ineligible bidder shall be forfeited.