Public notice inviting claims from creditors
Section 130 of the Insolvency and Bankruptcy Code, 2016 deals with public notice inviting claims from creditors. The Adjudicating Authority shall— (a) send notices within ten days of the bankruptcy commencement date, to the creditors mentioned in— (i) the statement of affairs submitted by the bankrupt under section 129; The Act was enacted on 28 May 2016.
(1) The Adjudicating Authority shall—
(a) send notices within ten days of the bankruptcy commencement date, to the creditors mentioned in—
(i) the statement of affairs submitted by the bankrupt under section 129; or
(ii) the application for bankruptcy submitted by the bankrupt under section 122.
(b) issue a public notice inviting claims from creditors.
(2) The public notice under clause (b) of sub-section (1) shall include the last date up to which the claims shall be submitted and such other matters and details as may be prescribed and shall be—
(a) published in leading newspapers, one in English and another in vernacular having sufficient circulation where the bankrupt resides;
(b) affixed on the premises of the Adjudicating Authority; and
(c) placed on the website of the Adjudicating Authority.
(3) The notice to the creditors referred to under clause (a) of sub-section (1) shall include such matters and details as may be prescribed.
Section 130, 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
Referred to by 2
Questions about Section 130
What does Section 130 of the Insolvency and Bankruptcy Code deal with?
Section 130 of the Insolvency and Bankruptcy Code is headed "Public notice inviting claims from creditors". The Adjudicating Authority shall— (a) send notices within ten days of the bankruptcy commencement date, to the creditors mentioned in— (i) the statement of affairs submitted by the bankrupt under section 129;
How do I find court cases under Section 130 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 130, section 130 Insolvency and Bankruptcy Code, section 130 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 130 of the Insolvency and Bankruptcy Code, and has it changed?
Its own text turns on section 122 (Application by debtor), section 129 (Statement of financial position), so none of them can safely be read on its own. 2 other provisions in this corpus refer back to it.
When was Section 130 of the Insolvency and Bankruptcy Code enacted?
Section 130 of the Insolvency and Bankruptcy Code, cited as Insolvency and Bankruptcy Code 130, was enacted on 28 May 2016 as Act 31 of 2016. It is in force as at the date shown on this page.
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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.