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    <title>THE INSOLVENCY AND BANKRUPTCY CODE (AMENDMENT) ACT, 2020</title>
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    <description>The Act prescribes class-based joint-filing thresholds for financial creditors and real estate allottees, requires modification of pending applications to comply, expands recognised debts by notification, clarifies moratorium protections for licences and critical supplies provided dues are paid, continues resolution professional management until plan approval or liquidator appointment, and provides that post-plan approval a corporate debtor&#039;s liability for prior offences ceases where control changes to specified persons while preserving prosecution of designated partners and officers in default.</description>
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