Essential Covid-19 Relief Measures for Insolvency Resolution Process
shared by mudsmuds on Jun 23
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The pace at which the Insolvency and Bankruptcy Code is implemented within the country, it has helped India in getting up in the ‘ease of doing business rankings. However, it's imminent that the liq...
uidation process under IBC are going to be impacted due to the prevailing pandemic conditions. The outbreak of the pandemic and therefore the subsequent restrictions thanks to constant lockdowns have severely affected the wellbeing of economies across the country. It has totally jeopardized people’s life and the operations of the business. Governments in various countries are adopting significant emergency actions to save their people from economic impact and the business entities from heavy losses in this unprecedented situation.
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