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Insolvency and Bankruptcy Code, 2016
INTRODUCTION The Insolvency and Bankruptcy Code, 2016, the new bankruptcy law of India aims to consolidate the existing laws by framing a single law for insolvency and bankruptcy of corporate persons, partnership firms and individuals. With enactment of the code, the Presidency Towns Insolvency Act, 1909 and Provincial Insolvency Act, 1920 are repealed. In addition, […]
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