Guide to IBC | Insolvency and Bankruptcy Code in India
support@goodwork.co.in

Drop us a line

033 48141488

Make a call

Address

Ground Floor, 106, Golf Club Road, Kolkata - 700 033

Power to remove difficulties

 Section 242 : Power to remove difficulties

(1) If any difficulty arises in giving effect to the provisions of this Code, the Central Government may, by order, published in the Official Gazette, make such provisions not inconsistent with the provisions of this Code as may appear to be necessary for removing the difficulty:
Provided that no order shall be made under this section after the expiry of five years from the commencement of this Code.
 
(2) Every order made under this section shall be laid, as soon as may be after it is made, before each House of Parliament.