The Insolvency and Bankruptcy Code (Amendment) Bill, 2021

Last updated: 28 July 2021
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This document, the Insolvency and Bankruptcy Code (Amendment) Bill, 2021, proposes significant changes to India's insolvency and bankruptcy laws. It introduces a new framework for pre-packaged insolvency resolution processes, particularly for micro, small, and medium enterprises, aiming for quicker and more cost-effective resolutions. The bill also outlines penalties for fraudulent initiation and management during these processes. It's essential reading for legal professionals, businesses, and anyone involved in corporate insolvency in India.

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Submitted by · Posted 28 July 2021 online · Other files by Shree · Report
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