https://www.taxtmi.com/news?id=71786 The Insolvency and Bankruptcy Code is described as a revival and resolution framework that has generated substantial recoveries through resolution of bankrupt companies and improved creditor-debtor discipline. The proposed amendment bill seeks to reduce the time taken for admission of insolvency resolution applications, speed up case clearance, support out-of-court resolution, and address cross-border insolvency and discretionary provisions. en-us Wed, 25 Mar 2026 19:31:04 +0530 Wed, 25 Mar 2026 19:31:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=71786 The Insolvency and Bankruptcy Code is described as a revival and resolution framework that has generated substantial recoveries through resolution of bankrupt companies and improved creditor-debtor discipline. The proposed amendment bill seeks to reduce the time taken for admission of insolvency resolution applications, speed up case clearance, support out-of-court resolution, and address cross-border insolvency and discretionary provisions. News - Wed, 25 Mar 2026 19:31:04 +0530 https://www.taxtmi.com/news?id=71786