APPLICABILITY OF THE LAW OF LIMITATION TO PROCEEDINGS UNDER INSOLVENCY AND BANKRUPTCY CODE (IBC)

Law governing insolvency, liquidation and reorganisation has seen a paradigm shift with the enactment of the Insolvency and Bankruptcy Code (”the Code” or IBC for short). The fundamental change in approach to the law relating to insolvency and reorganisation of defaulting or non performing business entities is aimed at maximising value of assets, promote entrepreneurship,…
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