The Insolvency and Bankruptcy Code 2016 - A dawn of new era

CS DHANAPAL | Last updated: 24 July 2017

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POSITION ON INSOLVENCY BEFORE INTRODUCTION OF THIS CODE The Existing insolvency laws and laws relating to recovery of loans enacted for the purpose of companies and banks namely the Sick Industrial Companies Act, The Recovery of Debt Due to Banks Financial Institutions Act, the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, Companies Act 2013/Companies Act 1956 etc are not providing speedy remedy to recover the loans and debts due from d

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About the Author

CS DHANAPAL

Practising Company Secretaries

PROFILE S.DHANAPAL FCS,B.Com,BABL Managing Partner S Dhanapal Associates (A firm of Practising Company Secretaries) I am a fellow member of the Institute of Company Secretaries of India, Commerce graduate from the University of Madras and a law graduate from the reputed Dr. Ambedkar Govt. Law Col ... Read more

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