Best Advocate in Delhi

• Dr. Khushboo Bhardwaj
• 2022-01-03 03:01:41

The Insolvency and Bankruptcy Code, 2016 (Code) was enacted with a view to consolidate and amend the laws relating to reorganization and insolvency resolution in a time-bound manner. The purpose of the Act was to maximize the value of assets, promote entrepreneurship, clear availability of credit and balance the intere...

• Dr. Khushboo Bhardwaj
• 2022-01-03 03:01:21

Not all provisions of the Insolvency and Bankruptcy Code have been notified. Following is a list of the provisions that are in force: Sr. No. Enforcement Date Provisions of the Code enforced 1. August 5th 2016 [Part IV Chapter 1] sections 188 to 194 [both inclusive] – Establishment of ...