Period of lockdown to be excluded from timeline under IBC if activity in relation to liquidation could not be completed due to the lockdown

Period of lockdown to be excluded from timeline under IBC if activity in relation to liquidation could not be completed due to the lockdown

In relation to the liquidation process under the Insolvency & Bankruptcy Code, 2016, the period of lockdown in the wake of COVID-19 outbreak shall be excluded from the time-line for any task that could not be completed due to such lockdown.

Loading content, please wait...
Bar and Bench - Indian Legal news
www.barandbench.com