Section 58: Notification to modify application of Chapter II

Q: What is धारा 58 IBC?

धारा 58 IBC is the Devanagari Hindi reference for Section 58 of the The Insolvency and Bankruptcy Code, 2016. Section 58 of The Insolvency and Bankruptcy Code, 2016 (IBC) governs notification to modify application of Chapter II. As verified on 21 May 2026.

Q: What is Dhara 58 IBC?

Dhara 58 IBC is the Roman Hindi reference for Section 58 of the The Insolvency and Bankruptcy Code, 2016. "Dhara" means "Section" in Hindi. Section 58 of The Insolvency and Bankruptcy Code, 2016 (IBC) governs notification to modify application of Chapter II. 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 V — Part II, Chapter IV — Fast Track Corporate Insolvency Resolution Process

Section 58

Notification to modify application of Chapter II

Quick Answer

What is Section 58 of The Insolvency and Bankruptcy Code, 2016 (IBC)?

Section 58 of the The Insolvency and Bankruptcy Code, 2016 (IBC) pertains to “Notification to modify application of Chapter II”. Also referred to as Dhara 58 IBC or IBC Sec 58.

Act: The Insolvency and Bankruptcy Code, 2016

Section

58 – Notification to modify application of Chapter II

Chapter

Chapter V — Part II, Chapter IV — Fast Track Corporate Insolvency Resolution Process

Status

● In Force

Jurisdiction

Republic of India

Hindi

धारा 58 IBCDhara 58 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 Central Government may, in consultation with the Board, by notification, modify the application of the provisions of Chapter II to fast track corporate insolvency resolution process.

Frequently Asked Questions

What does Section 58 of The Insolvency and Bankruptcy Code, 2016 deal with?

Section 58 IBC pertains to "Notification to modify application of Chapter II". It is part of the The Insolvency and Bankruptcy Code, 2016, a legislation enacted by the Parliament of India.

Is Section 58 IBC still in force?

Yes, Section 58 of the The Insolvency and Bankruptcy Code, 2016 is currently in force across the Republic of India.

What is Dhara 58 IBC in Hindi?

Dhara 58 IBC is the Hindi reference for Section 58 of the The Insolvency and Bankruptcy Code, 2016. "Dhara" (धारा) means "Section" in Hindi legal terminology.

How to cite Section 58 of The Insolvency and Bankruptcy Code, 2016?

Cite as: "Section 58, The Insolvency and Bankruptcy Code, 2016 (IBC)" in legal briefs. For academic writing, use the BlueBook format.