Recent Developments in IBC

-K.keerthika INTRODUCTION: The period before Insolvency and Bankruptcy Code, had various scattered laws relating to IBC which caused insufficient and ineffective results with extreme delays. Considering this, the IBC in 2016 was introduced as money bill recommended by TK Viswanathan Committee. IBC predicts resolution of Corporate insolvencies in two-stage procedure. First stage is the CIRP …

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