Insolvency and Bankruptcy Code
What is Insolvency? Insolvency is a term for when an individual or company can no longer meet their financial obligations to lenders as debts become due. Insolvency and Bankruptcy Code (IBC) 2016 Insolvency and Bankruptcy Code 2016 was implemented through an act of Parliament. It got Presidential assent in May 2016. The law was necessitated … Read more