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Increasing bad debts put IBC on the back foot
Rao Inderjeet Singh, minister of State, Ministry of Corporate Affairs, told parliament that till December 31, 2021, IBC has resolved 457 crore cases
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Government set to launch MCA21 V3 in FY22; in-depth scrutiny of filings, e-adjudication system on anvil
MCA21 V3 will have additional modules for e-adjudication, e-consultation and Compliance Management System.
