In section 8, after sub -section (1), the following section shall be inserted, namely:— — THE INSOLVENCY AND BANKRUPTCY CODE, 2016 Last Update 18-8-2021

In section 8, after sub -section (1), the following section shall be inserted, namely:—

4. In section 8, after sub -section (1), the following section shall be inserted, namely:— " (1A) The Central Government shall, by notification, establish such number of Debt Recovery Appellate Tribunals to exercise jurisdiction, powers and authority to entertain appeal against the order made by the Adjudicating Authority under Part III of the Insolvency and Bankruptcy Code, 2016. " .

Section 4