hi INDiA Copyright 2020
Tribune News Service
New Delhi, July 28
The Lok Sabha on Wednesday passed the IBC amendment Bill, which among other things provide for a pre-packaged resolution process for stressed MSMEs.
The Insolvency and Bankruptcy Code (Amendment) Bill, 2021, will replace the ordinance that was promulgated on April 4 as part of efforts to provide relief to MSMEs adversely impacted by the Covid pandemic.