The draft Insolvency Bill will replace three older laws to address corporate and personal insolvency in one legislation and will carve out a separate corporate rescue and insolvency regime for smaller businesses.
Today, April 30, is the registration deadline for a publication consultation meeting on the Myanmar Insolvency Bill.
A consultation meeting on the Insolvency Bill organised by the Union Supreme Court with the support from the Asian Development Bank will be held on May 9 in Melia Hotel, Yangon. Registration can be done on the website of the Directorate of Investment and Company Administration (DICA).
The supreme court is currently undertaking a law reform process to prepare a new Insolvency Bill. According to the courts…
Read the full article at: https://www.mmtimes.com/news/draft-bill-combines-corporate-personal-insolvency-one-legislation.html
