Implementation and supervision of repayment plan
Section 116 of the Insolvency and Bankruptcy Code, 2016 deals with implementation and supervision of repayment plan. The resolution professional appointed under section 97 or under section 98 shall supervise the implementation of the repayment plan. The Act was enacted on 28 May 2016.
(1) The resolution professional appointed under section 97 or under section 98 shall supervise the implementation of the repayment plan.
(2) The resolution professional may apply to the Adjudicating Authority for directions, if necessary, in relation to any particular matter arising under the repayment plan.
(3) The Adjudicating Authority may issue directions to the resolution professional on the basis of an application under sub-section (2).
Section 116, 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.
This section refers to
Made under this section, and citing it
1 instrument names this provision in its title or its text without being made under it.
Questions about Section 116
What does Section 116 of the Insolvency and Bankruptcy Code deal with?
Section 116 of the Insolvency and Bankruptcy Code is headed "Implementation and supervision of repayment plan". The resolution professional appointed under section 97 or under section 98 shall supervise the implementation of the repayment plan.
How do I find court cases under Section 116 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 116, section 116 Insolvency and Bankruptcy Code, section 116 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 116 of the Insolvency and Bankruptcy Code, and has it changed?
Its own text turns on section 97 (Appointment of resolution professional), section 98 (Replacement of resolution professional), so none of them can safely be read on its own. One instrument names it without being made under it, most recently Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Personal Guarantors to Corporate Debtors) Regulations, 2019 (2019).
When was Section 116 of the Insolvency and Bankruptcy Code enacted?
Section 116 of the Insolvency and Bankruptcy Code, cited as Insolvency and Bankruptcy Code 116, 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
- 240. Power to make regulations2349 words
- 5. Definitions2326 words
- 3. Definitions1381 words
- 29A. Person not eligible to be resolution applicant1152 words
- 239. Power to make rules963 words
- 196. Powers and functions of Board942 words
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 17 Oct 2026. This page is not a substitute for legal advice.