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Insolvency and Bankruptcy Code (Amendment) Bill, 2021 passed by Lok Sabha and Rajya Sabha

Last updated: 07 August 2021


The Insolvency and Bankruptcy Code (Amendment) Bill, 2021 was passed by the Lok Sabha on 28th July 2021and by the Rajya Sabha on 3rd August 2021. Salient features of the Bill include Pre-pack for MSMEs which blends elements virtues of both formal and informal insolvency proceedings Under
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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.


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