Tag: resolution process
Posted in Economy
Parliament passes amendments to IBC to quicken resolution process, reduce backlog
New Delhi: Parliament on Wednesday passed amendments to the Insolvency and Bankruptcy Code (IBC) to provide faster resolutions, reduce case backlog and strengthen the financial…
Posted in Economy
IBBI seeks to strengthen due diligence on bidders’ compliance with Section 29A
To ensure the integrity of a resolution process, IBBI has asked resolution professionals to submit detailed notes on bidders’ compliance with the insolvency law‘s Section…