MISCELLANEOUS

Look at the last pages of any contract you have signed: governing law, jurisdiction, notices, what happens if a clause is struck down. Nobody reads them for excitement, yet they decide whose court you go to and whether you can sue at all. Part V of the Insolvency and Bankruptcy Code is the same kind of page for the whole statute. It is headed Miscellaneous, but it decides who pays for what, who can be sued, which courts are shut out, and which law wins when two laws collide.

In two minutes

Part V (ss.224 to 255) gathers the Code’s housekeeping and power provisions: a Fund, Central Government control over the Board, bars on civil courts, protection for good-faith action, appeals, override of other laws, limitation, rule-making, repeal, and consequential amendments.

The rest of this chapter

The full explanation, the cheat sheet, every previous-year question at every mark weight, the quiz and the answer skeletons are part of Bankruptcy Laws on LexBlox Semester. Sign in to unlock the subject, or read Module 1 of Legal Language and Writing free.