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Efficacy Of PPIRP For MSMEs – Transforming A Utopian Concept Into Reality – Contracts and Commercial Law

I.  Introduction: Need for streamlined MSME Insolvency Regime Origin of PPIRP Pre-Packaged Insolvency Resolution Process (PPIRP) symbolises a crucial and targeted legislative evolution within the Indian framework of Insolvency i.e. Insolvency and Bankruptcy Code (IBC), 2016. PPIRP has been formulated with purpose to address the financial challenges faced by MSMEs by implementing a…