Insolvency Board Plans To Fast Track Resolution For Smaller Cases – BloombergQuint
The Insolvency and Bankruptcy Board plans to fast-track the resolution process for “smaller cases”, including for startups, and complete them within 90 days. The Board has been set up under the Insolvency and Bankruptcy Code, which came into force from December 1, 2016. While a final decision is yet to be taken, the Insolvency and…