The Insolvency and Bankruptcy Code, 2016
PART II Insolvency Resolution and Liquidation for Corporate Persons
CHAPTER VI Adjudicating Authority for Corporate Persons
Section 63: Civil court not to have jurisdiction:
*63. No civil court or authority shall have jurisdiction to entertain any suit or proceedings in respect of any matter on which National Company Law Tribunal or the National Company Law Appellate Tribunal has jurisdiction under this Code. Civil court not to have jurisdiction.
Notifications & Circulars
*This shall come into force w.e.f. from 01.12.2016.