The Insolvency and Bankruptcy Code 2016: An Overview

Hetvi Sheth , Last updated: 16 August 2016  
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The Insolvency And Bankruptcy Code 2016 passed unanimously by both Houses of Parliament in May 2016 is considered as the biggest economic reform next only to GST. Its need was highlighted due to absence of legal and institutional machinery for dealing with debt defaults in the country. Provisions of

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Hetvi Sheth
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