Protection of action taken in good faith
Section 233 of the Insolvency and Bankruptcy Code, 2016 deals with protection of action taken in good faith. No suit, prosecution or other legal proceeding shall lie against the Government or any officer of the Government, or the Chairperson, Member, officer or other employee of the Board or an insolvency professional or liquidator for anything which is in done or intended to be done in good faith under th The Act was enacted on 28 May 2016.
No suit, prosecution or other legal proceeding shall lie against the Government or any officer of the Government, or the Chairperson, Member, officer or other employee of the Board or an insolvency professional or liquidator for anything which is in done or intended to be done in good faith under this Code or the rules or regulations made thereunder.
Section 233, The Insolvency and Bankruptcy Code, 2016 (Act 31 of 2016).
Made under this section, and citing it
1 instrument states that it was made under this provision — the power to make it comes from here, so a change to any of them changes what this section requires in practice. Newest first.
Questions about Section 233
What does Section 233 of the Insolvency and Bankruptcy Code deal with?
Section 233 of the Insolvency and Bankruptcy Code is headed "Protection of action taken in good faith". No suit, prosecution or other legal proceeding shall lie against the Government or any officer of the Government, or the Chairperson, Member, officer or other employee of the Board or an insolvency professional or liquidator for anything which is in done or intended to be done in good faith under th
How do I find court cases under Section 233 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 233, section 233 Insolvency and Bankruptcy Code, section 233 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 233 of the Insolvency and Bankruptcy Code, and has it changed?
The rules and notifications made under it are where it actually bites, and there is one: most recently Commencement of Sections under Chapter VII of Part IV and sections under Part V of the Code (2016).
When was Section 233 of the Insolvency and Bankruptcy Code enacted?
Section 233 of the Insolvency and Bankruptcy Code, cited as Insolvency and Bankruptcy Code 233, 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 19 Oct 2026. This page is not a substitute for legal advice.