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MCA Notification No. S.O. 3265(E) dated 24th September, 2020_Extension of Section 10A of IBC, 2016.

No application was allowed to be filed for initiation of Corporate Insolvency Resolution Process against a corporate debtor for any default arising on or after 25th March, 2020 for a period of Six months i.e. 25th September, 2020. Vide notification no. S.O. 3265(E) on 24/09/2020, MCA has extended this time period for further 3 months from 25th September, 2020 i.e. till 25th December, 2020.

The said Notification can be accessed through the following link: MCA_Notif_S.O.3265(E)_24.09.2020_Sec 10A of IBC 2016

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