Insolvency law committee formed to review corporate insolvency procedures and recommend procedural and implementation reforms. An Insolvency Law Committee is constituted to examine stakeholder suggestions and practical issues affecting the efficiency of corporate insolvency resolution and liquidation under the Code, to make recommendations to improve processes and implementation, to invite or co opt experts and regulators, with non official members eligible for travel allowances where sponsors do not bear costs, secretarial support provided by the Ministry and IBBI, and a requirement to submit recommendations within a short timeframe from its first meeting.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Insolvency law committee formed to review corporate insolvency procedures and recommend procedural and implementation reforms.
An Insolvency Law Committee is constituted to examine stakeholder suggestions and practical issues affecting the efficiency of corporate insolvency resolution and liquidation under the Code, to make recommendations to improve processes and implementation, to invite or co opt experts and regulators, with non official members eligible for travel allowances where sponsors do not bear costs, secretarial support provided by the Ministry and IBBI, and a requirement to submit recommendations within a short timeframe from its first meeting.
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