(Update as per book published in 2009) Act 2 of 1956 Amended by Act 18 of 1957 An Act to consolidate and amend the law relating to insolvency Whereas it is expedient to consolidate and amend the law relating to insolvency; BE it enacted in the Sixth Year of the Republic of India as follows:-

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S.1 Short title, extent and commencement.--

S.2 Definitions.--

S.3 Insolvency Jurisdiction.--

S.4 Power of Court to decide all questions arising insolvency.--

S.5 General powers of Courts.--

S.6 Acts of Insolvency.--

S.Petition

S.Proceedings consequent on Order of Adjudication

S.Annulment of adjudication

S.Compositions and Schemes of Arrangement

S.Discharge

S.Method of Proof of Debts

S.Effect of insolvency on antecedent transactions

S.Distribution of property

S.Appeal to Court against Receiver

S.73 Offences by debtors.--

S.74 Procedure on charge under section 73.--

S.75 Criminal liability after discharge or composition.--

S.76 Undischarged insolvent obtaining credit.--

S.77 Disqualifications of insolvent.--

S.78 Summary Administration.--

S.80 Costs.--

S.81 Courts to be auxiliary to each other.--

S.82 Limitation.--

S.83 Power to make rules.--

S.84 Delegation of powers to Official Receivers.--

S.85 Power of Government to bar application of certain provisions to certain Courts.--

S.86 6[Repeal.--

S.79

S.85)

S.Realisation of property

S.Order of Adjudication