Definition
India's comprehensive insolvency legislation that consolidates and amends laws relating to reorganisation and insolvency resolution of corporate persons, partnership firms, and individuals. Provides time-bound CIRP, promotes entrepreneurship, availability of credit, and balances interests of all stakeholders.
Need Expert Advice on IBC (Insolvency and Bankruptcy Code, 2016)?
For specific advice on how IBC (Insolvency and Bankruptcy Code, 2016) applies to your debt recovery matter, consult Advocate Subodh Bajpai — LLM, MBA (XLRI Jamshedpur). 25+ years of exclusive banking and debt recovery practice across DRT, SARFAESI, IBC, and NI Act.
Defined by Advocate Subodh Bajpai, Senior Partner, Unified Chambers and Associates