The Pre-Pack Insolvency Resolution Process: A Smart Mechanism for Financially Stressed MSMEs
Last year, the government, through an ordinance, had suspended initiation of fresh insolvency proceedings for corporate debtors under Sections 7, 9 and 10 of the IBC Code (2016) for defaults arising on or after March 25, 2020, for a period of six months which simply meant that no fresh insolvency filings could be made by […]
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