Government issued Notification No. S.O. 4638(E) dated 22nd December, 2020 extending the suspension of Sections 7, 9 and 10 [meant no fresh insolvency filings could be made by financial creditors, operational creditors, and the corporate debtor itself] under Insolvency and Bankruptcy Code by another three months. The suspension was due to expire on 25th December, 2020.
MINISTRY OF CORPORATE AFFAIRS
New Delhi, the 22nd December, 2020
S.O. 4638(E).—In exercise of the powers conferred by section 10A of the Insolvency and Bankruptcy Code, 2016 (31 of 2016), the Central Government hereby notifies further period of three months from the 25th December, 2020, for the purposes of the said section.
[F. No. 30/33/2020-Insolvency]
GYANESHWAR KUMAR SINGH, Jt. Secy.