section 198
Condonation of delay
The Insolvency and Bankruptcy Code, 2016Corporate2016282 sections
Chapter II CHAPTER II POWERS AND FUNCTIONS OF THE BOARD
Statutory text
Notwithstanding anything contained in this Code, where the Board does not perform any act within the period specified under this Code, the relevant Adjudicating Authority may, for reasons to be recorded in writing, condone the delay.
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