Insolvency and Bankruptcy Code 2016 Bare Act PDF download
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Dec 7, 2020
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Rajya Sabha today passed the Insolvency and Bankruptcy Code (Second Amendment) Bill, 2020. It amends the Insolvency and Bankruptcy Code 2016 which provides a time bound process for resolving insolvency in companies and among individuals. Finance Minister Nirmala Sitharaman moved the Bill that seeks to temporarily suspend initiation of the corporate insolvency resolution process, CIRP under the Code. The Bill provides that for defaults arising during the six months from 25th March of this year, C
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