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Section 227 : Power of Central Government to notify financial service providers, etc

Notwithstanding anything to the contrary examined in this Code or any other law for the time being in force, the Central Government may, if it considers necessary, in consultation with the appropriate financial sector regulators, notify financial service providers or categories of financial service providers for the purpose of their insolvency and liquidation proceedings, which may be conducted under this Code, in such manner as may be prescribed.

 

Insolvency and Bankruptcy Code 2016

Section 221 Grants by Central Government

Section 222 Boards Fund

Section 223 Accounts and audit

Section 224 Insolvency and Bankruptcy Fund

Section 225 Power of Central Government to issue directions

Section 226 Power of Central Government to supersede Board

Section 227 Power of Central Government to notify financial service providers, etc

Section 228 Budget

Section 229 Annual report

Section 230 Delegation

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