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The Recovery Of Debts And Bankruptcy Act, 1993

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Central or state Act — primary legislation passed by the legislature. Carries binding force and shapes the rules under which citizens, institutions, and markets operate.

Summary

Central Act enacted 1993-08-27. Full text on India Code (indiacode.nic.in).

Key Facts

TypeAct

SourceIndia Code (Historical)

PublishedFriday, 27 August 1993

Affected Population1.4 billion citizens, 20 million government employees

Key Numbers

20 million central + state government employees

Rs 3.3 lakh crore transferred via DBT

1,500+ services on UMANG app

Key Authorities

Key Stakeholders

Government Context

NDA IIIBJP-led NDA

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Governance & Reform175 tracked→

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