Section 253: Amendment of Act 51 of 2007

Q: What is धारा 253 IBC?

धारा 253 IBC is the Devanagari Hindi reference for Section 253 of the The Insolvency and Bankruptcy Code, 2016. Section 253 of The Insolvency and Bankruptcy Code, 2016 (IBC) governs amendment of Act 51 of 2007. As verified on 21 May 2026.

Q: What is Dhara 253 IBC?

Dhara 253 IBC is the Roman Hindi reference for Section 253 of the The Insolvency and Bankruptcy Code, 2016. "Dhara" means "Section" in Hindi. Section 253 of The Insolvency and Bankruptcy Code, 2016 (IBC) governs amendment of Act 51 of 2007. As verified on 21 May 2026.

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Friday, 22 May 2026

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Table of Contents

The Insolvency and Bankruptcy Code, 2016

Chapter XXIV — Part V — Miscellaneous

Section 253

Amendment of Act 51 of 2007

Quick Answer

What is Section 253 of The Insolvency and Bankruptcy Code, 2016 (IBC)?

Section 253 of the The Insolvency and Bankruptcy Code, 2016 (IBC) pertains to “Amendment of Act 51 of 2007”. Also referred to as Dhara 253 IBC or IBC Sec 253.

Act: The Insolvency and Bankruptcy Code, 2016

Section

253 – Amendment of Act 51 of 2007

Chapter

Chapter XXIV — Part V — Miscellaneous

Status

● In Force

Jurisdiction

Republic of India

Hindi

धारा 253 IBCDhara 253 IBC

Verified by editorial team on Pending · Last system check: 21 May 2026

Reviewed by LOTS Editorial Board · Last verified 21 May 2026

Key Facts & Information

Enactment DateUnknown

Scope & ContextThis provision forms part of the The Insolvency and Bankruptcy Code, 2016.

The Payment and Settlement Systems Act, 2007 shall be amended in the manner specified in the Eleventh Schedule.

Frequently Asked Questions

What does Section 253 of The Insolvency and Bankruptcy Code, 2016 deal with?

Section 253 IBC pertains to "Amendment of Act 51 of 2007". It is part of the The Insolvency and Bankruptcy Code, 2016, a legislation enacted by the Parliament of India.

Is Section 253 IBC still in force?

Yes, Section 253 of the The Insolvency and Bankruptcy Code, 2016 is currently in force across the Republic of India.

What is Dhara 253 IBC in Hindi?

Dhara 253 IBC is the Hindi reference for Section 253 of the The Insolvency and Bankruptcy Code, 2016. "Dhara" (धारा) means "Section" in Hindi legal terminology.

How to cite Section 253 of The Insolvency and Bankruptcy Code, 2016?

Cite as: "Section 253, The Insolvency and Bankruptcy Code, 2016 (IBC)" in legal briefs. For academic writing, use the BlueBook format.