How many sections are in The Insolvency and Bankruptcy Code, 2016 (IBC)?

The The Insolvency and Bankruptcy Code, 2016 (IBC) contains a total of 275 sections organized across 24 chapters. The chapters are: Chapter I — Preliminary — 3 sections; Chapter II — Corporate Insolvency Resolution Process — 4 sections; Chapter III — Part II, Chapter II — Corporate Insolvency Resolution Process — 28 sections; Chapter IV — Part II, Chapter III — Liquidation Process — 22 sections; Chapter V — Part II, Chapter IV — Fast Track Corporate Insolvency Resolution Process — 4 sections; Chapter VI — Part II, Chapter V — Voluntary Liquidation of Corporate Persons — 1 sections; Chapter VII — Part II, Chapter VI — Adjudicating Authority for Corporate Persons — 8 sections; Chapter VIII — Part II, Chapter VII — Offences and Penalties — 10 sections; Chapter IX — Part II, Chapter III-A — Pre-Packaged Insolvency Resolution Process — 16 sections; Chapter X — Part III, Chapter I — Preliminary — 2 sections; Chapter XI — Part III, Chapter II — Fresh Start Process — 14 sections; Chapter XII — Part III, Chapter III — Insolvency Resolution Process — 27 sections; Chapter XIII — Part III, Chapter IV — Bankruptcy Order for Individuals and Partnership Firms — 28 sections; Chapter XIV — Part III, Chapter V — Administration and Distribution of the Estate of the Bankrupt — 30 sections; Chapter XV — Part III, Chapter VI — Adjudicating Authority for Individuals and Partnership Firms — 5 sections; Chapter XVI — Part III, Chapter VII — Offences and Penalties — 4 sections; Chapter XVII — Part IV, Chapter I — The Insolvency and Bankruptcy Board of India — 8 sections; Chapter XVIII — Part IV, Chapter II — Powers and Functions of the Board — 3 sections; Chapter XIX — Part IV, Chapter III — Insolvency Professional Agencies — 7 sections; Chapter XX — Part IV, Chapter IV — Insolvency Professionals — 3 sections; Chapter XXI — Part IV, Chapter V — Information Utilities — 8 sections; Chapter XXII — Part IV, Chapter VI — Inspection and Investigation — 4 sections; Chapter XXIII — Part IV, Chapter VII — Finance, Accounts and Audit — 3 sections; Chapter XXIV — Part V — Miscellaneous — 33 sections.

Where can I read the complete IBC bare act online for free?

You can read the complete, updated text of The Insolvency and Bankruptcy Code, 2016 (IBC) with all 275 sections for free at Law on Tips (lawontips.com). Each section includes the full legislative text with chapter-wise navigation.

What does IBC deal with?

The Insolvency and Bankruptcy Code, 2016 (IBC) is an Indian legislation enacted in 2016 passed by the Parliament of India. An Act to consolidate and amend the laws relating to reorganization and insolvency resolution of corporate persons, partnership firms and individuals in a time bound manner. Read the complete bare act text with section-by-section navigation at Law on Tips.

What is the full form of IBC?

IBC stands for "The Insolvency and Bankruptcy Code, 2016". It is an Indian legislation containing 275 sections across 24 chapters. You can read the complete IBC bare act with all sections at Law on Tips.