IBC 233 — Protection of action taken in good faith

Insolvency & Bankruptcy Code, 2016

Statutory text

No suit, prosecution or other legal proceeding shall lie  against  the  Government  or  any  officer  of  the  Government,  or  the  Chairperson,  Member,  officer  or other employee of the Board or an insolvency professional or liquidator for anything which is in done or intended to be done in good faith under this Code or the rules or regulations made thereunder.

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