Sunday, May 17, 2020

No fresh insolvency for 1 yr under IBC: Nirmala

In a bid to give relief to companies defaulting on loans due to the Covid -19 stress, Finance Minister Nirmala Sitharaman on Sunday said no fresh insolvency will be initiated for one year under the Insolvency and Bankruptcy Code (IBC).

from Times of India https://ift.tt/364WPyG
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