Insolvency and Bankruptcy Board of India (IBBI) released a Consultation Paper on issues related to reducing delays in the corporate insolvency resolution process (CIRP). This paper presents in detail four issues that contribute, directly or indirectly to delays in the corporate insolvency resolution process (CIRP) and suggested changes to the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 (CIRP Regulations).
Download PDF to view the changes suggested in Consultation Paper
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