Tag Archives: Bankruptcy Code

The New Bankruptcy Code

Reported by | Updated: June 27, 2016

The Insolvency and Bankruptcy Bill, which became a law in May 2016 is considered a transformational legislation that is expected to specifically help in resolving issues relating to winding up of insolvent companies and lowering NPAs of the banks. Our insolvency law had remained outdated and unreformed as a result of which rehabilitation or winding […]