The Insolvency and Bankruptcy Code, 2016 (Code) was enacted with a view to consolidate and amend the laws relating to reorganization and insolvency resolution in a time-bound manner. The purpose of the Act was to maximize the value of assets, promote entrepreneurship, clear availability of credit and balance the intere...
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Being a lawyer and working within the criminal justice system can be a difficult job. Lawyers are educated, hard-working, righteous individuals with a passion for the judiciary system. Practicing law can often be a thankless, under-appreciated job, but someone has to do it. We all need lawyers at some point of time in...
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Not all provisions of the Insolvency and Bankruptcy Code have been notified. Following is a list of the provisions that are in force: Sr. No. Enforcement Date Provisions of the Code enforced 1. August 5th 2016 [Part IV Chapter 1] sections 188 to 194 [both inclusive] – Establishment of ...
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