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Section111
The Insolvency and Bankruptcy Code, 2016

Approval of repayment plan by creditors

In force Act 31 of 2016 As on 20 Oct 2026

Act 31 of 2016 Ministry Corporate Affairs Enacted 28 May 2016 Cited by 1 provision Instruments 12

Section 111 of the Insolvency and Bankruptcy Code, 2016 deals with approval of repayment plan by creditors. The repayment plan or any modification to the repayment plan shall be approved by a majority of more than three-fourth in value of the creditors present in person or by proxy and voting on the resolution in a meeting of the creditors. The Act was enacted on 28 May 2016.

The repayment plan or any modification to the repayment plan shall be approved by a majority of more than three-fourth in value of the creditors present in person or by proxy and voting on the resolution in a meeting of the creditors.

Section 111, The Insolvency and Bankruptcy Code, 2016 (Act 31 of 2016).

Cross-references

Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.

Referred to by 1

  1. s. 108 Conduct of meeting of creditors

Made under this section, and citing it

12 instruments name this provision in its title or its text without being made under it.

All subordinate legislation

Questions about Section 111

What does Section 111 of the Insolvency and Bankruptcy Code deal with?

Section 111 of the Insolvency and Bankruptcy Code is headed "Approval of repayment plan by creditors". The repayment plan or any modification to the repayment plan shall be approved by a majority of more than three-fourth in value of the creditors present in person or by proxy and voting on the resolution in a meeting of the creditors.

How do I find court cases under Section 111 of the Insolvency and Bankruptcy Code?

In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Insolvency and Bankruptcy Code 111, section 111 Insolvency and Bankruptcy Code, section 111 of the Insolvency and Bankruptcy Code. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.

What should I read with Section 111 of the Insolvency and Bankruptcy Code, and has it changed?

1 other provision in this corpus refers back to it. 12 instruments name it without being made under it, most recently Insolvency and Bankruptcy Board of India (Advisory Committee) Regulations, 2017 (2017), then Insolvency and Bankruptcy Board of India (Engagement of Research Associates and Consultants) Regulations, 2017 (2017).

When was Section 111 of the Insolvency and Bankruptcy Code enacted?

Section 111 of the Insolvency and Bankruptcy Code, cited as Insolvency and Bankruptcy Code 111, was enacted on 28 May 2016 as Act 31 of 2016. It is in force as at the date shown on this page.

Other sections of this Act

Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. Text as in force on 20 Oct 2026. This page is not a substitute for legal advice.