INDIA CODE

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Section 5, Insolvency and Bankruptcy Code, 2016 [S27-GNF]

As at 7 September 2026. In force from 21 March 2016.

In Insolvency and Bankruptcy Code, 2016 [A11-K6N]. This text from 21 March 2016. No other text held.

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Cite: Section 5, Insolvency and Bankruptcy Code, 2016 [S27-GNF]. Machine: S27-GNF.

5. Prohibition of the recovery of debts without licence.—No person shall undertake the recovery of debts except under and in accordance with the conditions of a licence granted under section 6: Provided that nothing in this section shall apply to the recovery of debts undertaken by or on behalf of the Central Government or a State Government.

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Cited by (1)

Section 8, Insolvency and Bankruptcy Code, 2016 [S27-GRN], 21 March 2016, Band A. "section 5".

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Section 5, Insolvency and Bankruptcy Code, 2016 [S27-GNF]