Government Amends Liquidation Regulations

Read the article Government Amends Liquidation Regulations authored by our Partner, Ravi Charan Pentapati published on Mondaq.

The IBBI Board, Adjudicating Authority, the Appellate Authority, and judiciary have been at the forefront of the implementation of the Code and have settled or provided clarity to so many contentious issues for the purpose of streamlining the process for the future. One such recent amendment is Insolvency and Bankruptcy Board of India (Liquidation Process) (Second Amendment) Regulations, 2022 which was notified on 16.09.2022 which are primarily aimed to streamline certain processes to augment better recovery.

Read the full article here.

The article has also been published as follows:

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