Central Act

198

Section 198. Condonation of delay.

The Insolvency and Bankruptcy Code, 2016.

In forceAll India (Central Act)

198. Condonation of delay. 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.