The Insolvency and Bankruptcy Code, 2016 (IBC Code) enacted on May 28, 2016, provides for invitation of resolution plans from Prospective Resolution Applicants (PRAs) for revival of the corporate ...
On April 4 this year, the government amended the insolvency law (Insolvency and Bankruptcy Code 2016)by bringing in an ordinance that provides for a pre-packaged resolution process for micro, small ...