Insolvency Code amendment confirms retrospective commencement and introduces further amendments to the insolvency law framework. The Act amends the Insolvency and Bankruptcy Code, 2016 by introducing specified legislative changes and includes a commencement provision declaring that ... Summary
Insolvency Code amendment confirms retrospective commencement and introduces further amendments to the insolvency law framework.
The Act amends the Insolvency and Bankruptcy Code, 2016 by introducing specified legislative changes and includes a commencement provision declaring that the Act shall be deemed to have come into force on an earlier specified date, thereby giving the amendments retrospective effect.
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