Increase in Insolvency and Bankruptcy Code, 2016 Threshold for Resolution Process Initiation: Prospective or Retrospective?

The Insolvency and Bankruptcy Code, 2016, is up for debate today in the Rajya Sabha. The Lok Sabha approved the Code last week, with revisions suggested by the Joint Parliamentary Committee that looked at it. We answer some of the most frequently asked questions about the 2016 Insolvency and Bankruptcy Code.

Introduction

The purpose of this article is […]