Posts Tagged With Bankruptcy


The Insolvency and Bankruptcy Code 2016

INTRODUCTION:

Bankruptcy is a legal status usually imposed by a Court, on a firm or individual unable to meet debt obligations. The current Indian Bankruptcy legal framework is highly complex, developed out of multiple judicial forums resulting in a lack of clarity and certainty in jurisdictions. Decisions are often appealed, stayed or overturned by judicial forums having concurrent or overlapping...Continue Reading