Insolvency Law Committee in place to address concerns raised by IBC: PP Chaudhary
New Delhi, Feb 10 (KNN) The Ministry Has has constituted Insolvency Law Committee (ILC) vide order dated 16.11.2017 with a view to examine the suggestions received regarding provisions of Insolvency and Bankruptcy Code, 2016 (Code), P.P. Chaudhary, Minister of State for Corporate Affairs said in written reply to a question in Lok Sabha today.
The Minister further informed that ILC shall take stock of the functioning and implementation of the Code, identity the issues that may impact the efficiency of the Corporate Insolvency resolution and li…
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