Insolvency and Bankruptcy (Amendment) Ordinance

Introduction: The Union Cabinet on 28th December 2019 promulgated the Insolvency and Bankruptcy (Amendment) Ordinance, 2019. The idea carrying the enactment of the Insolvency and Bankruptcy Code, 2016 (hereinafter referred to as code) is maximization of value assets by ensuring a time-bound insolvency proceeding and further protection of the value Read more…