Section253
The Insolvency and Bankruptcy Code, 2016

Amendments of Act 51 of 2007

In force Act 31 of 2016 As on 15 Oct 2026

Act 31 of 2016 Ministry Corporate Affairs Enacted 28 May 2016 Instruments 1

Section 253 of the Insolvency and Bankruptcy Code, 2016 deals with amendments of Act 51 of 2007. The Payment and Settlement Systems Act, 2007 shall be amended in the manner specified in the Ninth Schedule. The Act was enacted on 28 May 2016.

The Payment and Settlement Systems Act, 2007 shall be amended in the manner specified in the Ninth Schedule.

Section 253, 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.

All subordinate legislation

Questions about Section 253

What does Section 253 of the Insolvency and Bankruptcy Code deal with?

Section 253 of the Insolvency and Bankruptcy Code is headed "Amendments of Act 51 of 2007". The Payment and Settlement Systems Act, 2007 shall be amended in the manner specified in the Ninth Schedule.

How do I find court cases under Section 253 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 253, section 253 Insolvency and Bankruptcy Code, section 253 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 253 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 III, Chapter IV, Chapter VI of Part IV and sections under Part V. (2016).

When was Section 253 of the Insolvency and Bankruptcy Code enacted?

Section 253 of the Insolvency and Bankruptcy Code, cited as Insolvency and Bankruptcy Code 253, 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 15 Oct 2026. This page is not a substitute for legal advice.