The Central Government has specified the limit of Rs. 1 Crore as the minimum amount of default for the purpose of Section 4 of IBC, 2016.
To download the notification, click here Notification 28032020
![section 4 of IBC 2016](https://taxcharcha.com/wp-content/uploads/2020/03/Notification_28032020-scaled.jpg)
The Central Government has specified the limit of Rs. 1 Crore as the minimum amount of default for the purpose of Section 4 of IBC, 2016.
To download the notification, click here Notification 28032020
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