Section 276A Decriminalized: IBC Takes Charge in Company Liquidation, No New Prosecutions After April 1, 2023. https://www.taxtmi.com/highlights?id=68137 Decriminalisation of section 276A of the Act - In case of liquidation of companies now provisions of IBC are in operation - the liquidator is now working under the oversight of this specific law - it is proposed that no fresh prosecution shall be launched under this section on or after 1st April, 2023. The earlier prosecutions will however continue. en-us Mon, 06 Feb 2023 15:58:07 +0530 Mon, 06 Feb 2023 17:13:22 +0530 TaxTMI RSS Generator Section 276A Decriminalized: IBC Takes Charge in Company Liquidation, No New Prosecutions After April 1, 2023. https://www.taxtmi.com/highlights?id=68137 Decriminalisation of section 276A of the Act - In case of liquidation of companies now provisions of IBC are in operation - the liquidator is now working under the oversight of this specific law - it is proposed that no fresh prosecution shall be launched under this section on or after 1st April, 2023. The earlier prosecutions will however continue. Highlights Income Tax Mon, 06 Feb 2023 15:58:07 +0530 https://www.taxtmi.com/highlights?id=68137