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<h1>India Amends Insolvency Code 2019 to Protect Stakeholders, Clarify Creditor Rights, and Streamline Resolution Process.</h1> The Insolvency and Bankruptcy Code (Amendment) Act, 2019, was enacted to address issues in the insolvency resolution process in India. It aims to streamline the resolution process, protect the interests of all stakeholders, and ensure the timely completion of proceedings. The amendment introduces changes to clarify the rights of financial creditors and operational creditors, enhance the efficiency of the insolvency process, and provide a framework for the resolution of insolvency cases. It seeks to strengthen the overall legal framework for insolvency and bankruptcy in India.