Taxcharcha
Company LawLatest

Increasing threshold of default under section 4 of IBC, 2016

MCA

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
section 4 of IBC 2016

Related posts

Notification No. 02/2023 – Central Tax – Waiver of late fee for filing GSTR 4 from July 2017 to March 2019 and FY 2019-20 to FY 2021-22

Team Taxcharcha

Notification No. 72/2018-Central Tax ,dt. 31-12-2018 – Seeks to extend the time limit for furnishing the details of outward supplies in FORM GSTR-1 for the newly migrated taxpayers.

Team Taxcharcha

Notification No. 7/2022 – Central Tax (Rate) – Seeks to amend notification No. 2/2017- Central Tax (Rate)

Team Taxcharcha