IBC 2 — Application

Insolvency & Bankruptcy Code, 2016

Statutory text

The provisions of this Code shall apply to—
(a) any company incorporated under the Companies Act, 2013 (18 of 2013) or under any previous company law;
(b) any other company governed by any special Act for the time being in force, except in so far as the said provisions are inconsistent with the provisions of such special Act;
(c)  any  Limited  Liability  Partnership  incorporated  under  the  Limited  Liability  Partnership
Act, 2008 (6 of 2009);
(d)  such  other  body  incorporated  under  any  law  for  the  time  being  in  force,  as  the  Central
Government may, by notification, specify in this behalf;

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[(e) personal guarantors to corporate debtors;
(f) partnership firms and proprietorship firms; and (g) individuals, other than persons referred to in clause (e),]

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