Originally posted on January 10, 2019 @ 1:28 am
The Insolvency Code in India is one half of the Insolvency and bankruptcy Code in India that was introduced first in 2016. This code is geared towards ensuring that an insolvency issue of an insolvent entity is resolved the entity’s creditors get repaid. The code is a lot more than this sentence and going reading about it would help you more.
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https://www.registrationwala.com/knowledge-base/insolvency/bankruptcy/insolvency-and-bankruptcy-code-2016
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