Monday 4 January 2016

India: a new legal framework for insolvency - Bill introduced in the Lok Sabha

The Insolvency and Bankruptcy Code, 2015, was introduced in the Lok Sabha on 21 December: see here. A copy of the Bill as introduced is available here (pdf); it is accompanied by a list of corrigenda (here, pdf). The Bill was produced by the Bankruptcy Law Reforms Committee and further information about its purpose and content is available in the Committee's final report, published last November: see here (pdf).

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