Monsoon Session May Clear Clouds of Confusion, ETLegalWorld
IBC Overhaul in Monsoon Session: Will Reforms Restore Faith in India’s Bankruptcy Code? The Insolvency and Bankruptcy Code (IBC), enacted in 2016 to transform India’s corporate insolvency landscape, is set for significant amendments in the Monsoon Session of Parliament. The reforms, approved by the Prime Minister’s Office, introduce a group insolvency framework to cohesively resolve…