The intention of the banks is to prepare a thorough and fool-proof framework for such deals that might be later taken to courts and scrutinised for ac
The buyers are facing challenges in gathering the required quantity of purchases to initiate insolvency proceedings against the property owner.
The bill proposes a new chapter in the IB Code to facilitate the pre-packaged insolvency resolution process for MSMEs
Since the provisions of the corporate insolvency came into force on Dec 1, 2016, a total of 4,376 processes have commenced till the end of March 2021