Expedite CIRP process, operationalize Insolvency and Bankruptcy Fund: Insolvency Law Committee

Among the objectives of the Committee was to monitor the progress and implementation of the IBC with due consideration to the difficulties faced by various stakeholders.
MCA Ministry of Corporate Affairs
MCA Ministry of Corporate Affairs

The Insolvency Law Committee, set up by the Union Ministry of Corporate Affairs (MCA), has come out with a report suggesting measures to improve the corporate insolvency resolution process (CIRP) under the Insolvency and Bankruptcy Code, 2016 (IBC).

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