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Singhania & Partners LLP, Solicitors and Advocates
The Code has been amended time to time since its enactment to remove bottlenecks and to streamline the Corporate Insolvency Resolution Process ("CIRP") under the Code.
S.S. Rana & Co. Advocates
In a recent decision passed in Company Appeal (AT) (Insolvency) No. 1417 of 2019, Union of India versus Oriental Bank of Commerce, the National Company Law Appellate Tribunal...
The Insolvency and Bankruptcy Code (Amendment) Ordinance, 2020 suspends the applicability of Section 7, 9 and 10 of the Insolvency and Bankruptcy Code...
Singh & Associates
The Insolvency and Bankruptcy Code, 2016 ("IBC") is an Act to consolidate and amend the laws relating to reorganization and insolvency resolution...
Singh & Associates
A huge backlog of cases at National Company Law Tribunal (NCLT) benches have stretched resources and led to delays in resolution of cases.
HSA Advocates
The much-awaited ordinance suspending operation of the Insolvency and Bankruptcy Code, 2016 (Code) was promulgated on June 5, 2020.
HSA Advocates
Insolvency and Bankruptcy Code (IBC) was enacted on May 28, 2016 to effectively deal with insolvency and bankruptcy of corporate persons, partnership firms and individuals, in a time bound manner.
The Pandemic outburst of Covid-19 has not left India untouched in any manner.
What started as a health crisis has transformed rapidly into a pitched battle between lives and livelihoods.
Khaitan & Co
Ever since the Hon'ble Finance Minister of India announced the suspension of initiation of corporate insolvency under the Insolvency and Bankruptcy Code 2016 (IBC) in wake of the COVID-19 pandemic, ...
S&R Associates
In the light of the economic upheaval on account of the Covid-19 pandemic and the resultant restrictions on economic activity, the Indian Government had proposed suspension of the right to initiate insolvency resolution proceedings under the Insolvency and Bankruptcy Code...
Link Legal India Law Services
Rajani Associates
In order to prevent companies to be dragged into insolvency under the Insolvency and Bankruptcy Code, 2016 due to the present pandemic, certain announcements were made by the Government under the Code.
S.S. Rana & Co. Advocates
In India, the Corporate Insolvency Resolution Process (hereinafter referred to as ‘CIRP') is governed under the Insolvency and Bankruptcy Code, 2016 (hereinafter referred to as ‘Code').
Dhaval Vussonji & Associates
IBBI has sought to provide relaxation for the timelines required to be complied with under the IBC and rules framed thereunder.
Argus Partners
The suspension of the Insolvency and Bankruptcy Code (IBC) proceedings for a year raises concerns for various stakeholders.
Rajani Associates
The entire world is currently witnessing an unprecedented scenario due to the advent of Covid-19. The global economies have subjected themselves to lockdown and have resorted to social ...
Argus Partners
In an apparent bid to avoid large-scale insolvencies, especially against the MSMEs, as a result of the financial stress caused by Covid-19 pandemic, the Central Government had, vide notification bearing no. SO 1205(E) ...
S&R Associates
As a part of a series of relief measures in response to the current pandemic situation, the Finance Minister of India has announced on May 17, 2020 a proposed suspension of fresh initiation...
King, Stubb & Kasiva
The Micro, Small and Medium Enterprises (MSME) sector has emerged vividly as a progressive segment in recent times.
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