The Insolvency and Bankruptcy Code, 2016
PART II Insolvency Resolution and Liquidation for Corporate Persons
CHAPTER II Corporate Insolvency Resolution Process(CIRP)
Section 6: Persons who may initiate corporate insolvency resolution process:
6. Where any corporate debtor commits a default, a financial creditor, an operational creditor or the corporate debtor itself may initiate corporate insolvency resolution process in respect of such corporate debtor in the manner as provided under this Chapter.