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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Section 240A Amended to Include Pre-Packaged Insolvency Resolution in Corporate Insolvency Processes by 2021 Ordinance.</h1> Section 240A of the principal Act is amended to include the phrase 'or pre-packaged insolvency resolution process' following the words 'corporate insolvency resolution process' in sub-section (1). This amendment, introduced by the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2021, expands the scope of the section to encompass pre-packaged insolvency resolution processes alongside the existing corporate insolvency resolution processes.
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