INSOLVENCY RESOLUTION OF FINANCIAL SERVICE PROVIDERS UNDER INSOLVENCY AND BANKRUPTCY CODE, 2016
Section 3 (18) defines “Financial Service Provider” as a person engaged in the business of providing financial services in terms
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IBC category comprises of Articles on Insolvency and Bankruptcy Code, 2016.
Section 3 (18) defines “Financial Service Provider” as a person engaged in the business of providing financial services in terms
Read MoreThere can be circumstances wherein although a Corporate Person is not in financial stress or in default, but it may
Read MoreFor Corporate Debtors of small sizes, Fast Track Corporate Insolvency Resolution Process (FTCIRP) has been envisaged. Section 55 provides eligibility
Read MoreCorporate Insolvency Resolution Process (CIRP) in its regular form may not be suitable to companies of smaller sizes like micro,
Read MoreThere is provision of penalty under the Code if Corporate Insolvency Resolution Process, Liquidation Proceedings or Pre-Packaged Insolvency Resolution Process
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