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Section54P
The Insolvency and Bankruptcy Code, 2016

Application of provisions of Chapters II, III, VI and VII to this Chapter

In force Act 31 of 2016 As on 15 Oct 2026

Act 31 of 2016 Ministry Corporate Affairs Enacted 28 May 2016

Section 54P of the Insolvency and Bankruptcy Code, 2016 deals with application of provisions of Chapters II, III, VI and VII to this Chapter. Save as provided under this Chapter, the provisions of sections 24, 25A, 26, 27, 28, 29A, 32A, 43 to 51, and the provisions of Chapters VI and VII of this Part shall, mutatis mutandis apply, to the pre-packaged insolvency resolution process, subject to the following, namely:-- (a) reference to “memb The Act was enacted on 28 May 2016.

54P. Application of provisions of Chapters II, III, VI and VII to this Chapter.--(1) Save as provided under this Chapter, the provisions of sections 24, 25A, 26, 27, 28, 29A, 32A, 43 to 51, and the provisions of Chapters VI and VII of this Part shall, mutatis mutandis apply, to the pre-packaged insolvency resolution process, subject to the following, namely:--

(a) reference to “members of the suspended Board of Directors or the partners” under clause (b) of sub-section (3) of section 24 shall be construed as reference to “members of the Board of Directors or the partners, unless an order has been passed by the Adjudicating Authority under section 54J”;

(b) reference to “clause (j) of sub-section (2) of section 25” under section 26 shall be construed as reference to “clause (h) of sub-section (2) of section 54F”;

(c) reference to “section 16” under section 27 shall be construed as reference to “section 54E”;

(d) reference to “resolution professional” in sub-sections (1) and (4) of section 28 shall be construed as “corporate debtor”;

(e) reference to “section 31” under sub-section (3) of section 61 shall be construed as reference to “sub-section (1) of section 54L”;

(f) reference to “section 14” in sub-sections (1) and (2) of section 74 shall be construed as reference to “clause (a) of sub-section (1) of section 54E”;

(g) reference to “section 31” in sub-section (3) of section 74 shall be construed as reference to “sub-section (1) of section 54L”.

(2) Without prejudice to the provisions of this Chapter and unless the context otherwise requires, where the provisions of Chapters II, III, VI and VII are applied to the proceedings under this Chapter, references to--

(a) “insolvency commencement date” shall be construed as references to “pre-packaged insolvency commencement date”;

(b) “resolution professional” or “interim resolution professional”, as the case may be, shall be construed as references to the resolution professional appointed under this Chapter;

(c) “corporate insolvency resolution process” shall be construed as references to “pre-packaged insolvency resolution process”; and

(d) “insolvency resolution process period” shall be construed as references to “pre-packaged insolvency resolution process period”.]

Section 54P, 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

  1. s. 14 Moratorium
  2. s. 16 Appointment and tenure of interim resolution professional
  3. s. 24 Meeting of committee of creditors
  4. s. 25 Duties of resolution professional
  5. s. 25A Rights and duties of authorised representative of financial creditors
  6. s. 26 Application for avoidance of transactions not to affect proceedings
  7. s. 27 Replacement of resolution professional by committee of creditors
  8. s. 28 Approval of committee of creditors for certain actions
  9. s. 29A Person not eligible to be resolution applicant
  10. s. 31 Approval of resolution plan
  11. s. 32A Liability for prior offences, etc
  12. s. 43 Preferential transactions and relevant time
  13. s. 51 Orders of Adjudicating Authority in respect of extortionate credit transactions
  14. s. 54E Declaration of moratorium and public announcement during pre-packaged insolvency resolution process
  15. s. 54F Duties and powers of resolution professional during pre-packaged insolvency resolution process
  16. s. 54J Vesting management of corporate debtor with resolution professional
  17. s. 54L Approval of resolution plan
  18. s. 61 Appeals and Appellate Authority
  19. s. 74 Punishment for contravention of moratorium or the resolution plan

Questions about Section 54P

What does Section 54P of the Insolvency and Bankruptcy Code deal with?

Section 54P of the Insolvency and Bankruptcy Code is headed "Application of provisions of Chapters II, III, VI and VII to this Chapter". 54P. Application of provisions of Chapters II, III, VI and VII to this Chapter.--(1) Save as provided under this Chapter, the provisions of sections 24, 25A, 26, 27, 28, 29A, 32A, 43 to 51, and the provisions of Chapters VI and VII of this Part shall, mutatis mutandis apply, to the pre-packaged inso

How do I find court cases under Section 54P 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 54P, section 54P Insolvency and Bankruptcy Code, section 54P 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 54P of the Insolvency and Bankruptcy Code, and has it changed?

Its own text turns on section 14 (Moratorium), section 16 (Appointment and tenure of interim resolution professional), section 24 (Meeting of committee of creditors), section 25 (Duties of resolution professional), and on 15 further provisions, so none of them can safely be read on its own.

When was Section 54P of the Insolvency and Bankruptcy Code enacted?

Section 54P of the Insolvency and Bankruptcy Code, cited as Insolvency and Bankruptcy Code 54P, 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.