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    <title>Cabinet approves Insolvency and Bankruptcy Code (Second Amendment) Bill, 2019</title>
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    <description>Amendments refine the Corporate Insolvency Resolution Process by adding thresholds for Financial Creditors represented by an authorized representative to prevent frivolous initiations, clarifying that licenses and permits cannot be terminated or withheld during the moratorium to preserve the debtor as a going concern, and providing protections for last mile funding and ring fencing the resolved corporate debtor in favour of the successful resolution applicant against criminal proceedings linked to prior management.</description>
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