IBC – ABSM

July 10, 2020
Basics of Insolvency and Bankruptcy Code, 2016

Q1. What is the difference between Insolvency and Bankruptcy? An entity (individual, or a company) becomes insolvent when they are unable to pay back their lenders on time. Simply, when the assets fall short to

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July 8, 2020
New Section 10A of IBC inserted: No fresh insolvency for default during lockdown

  The President of India through IBC Ordinance, 2020 on 5th June, 2020 announced some major relief for the corporate debtors as COVID 19 pandemic has impacted business, financial markets and economy in India and

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